Very early seed capital remains critical some cases. It is important that models be allowed to fail quickly and often. That is what made Silicon Valley a unique and prosperous culture.

And of cause, Gordon is a champ. It seems that the troubled economy does something good after all. The startup ecosystem cleans up. Only devoted and dedicated people remain. The people, who understand the very tender roots and vital value of entrepreneurship, who can resist cynical labeling and diverting push of greedy public, will tech us the lesson of recovery.

Thanks for listening to the show!

Cheers.
Scott

StartupLounge has inspired more people in more places than you can imagine. Your blend of wit and subject matter expertise is unique. As stated in the video, the vast majority of places just aren’t Boston or the Valley … and that’s OK.

I look forward to your continued podcasting to help warm up the soon to be frozen Prairie.

Warm Regards,

Brian Baird

I will be tuning in for more Start-up advice.

I LOVE all the creative banter and other choices you guys have made to make the show fun.

Thanks again ~ Brent

It would be a cool value added service if you guys could connect the listeners to the interviewees via their blog site or some sort of pre-negotiated follow up process you have. Mitch (and most entrepreneurs I have met) seem like the type of people that want to share their experience with others to help them bootstrap to success.

David

– mike

Marcel Crudele
innerEcho – Atlanta, GA

Trevor – dunno, but I’d love to see it!

Cheers.
Scott

http://www.nvca.org/model_documents/model_docs.html

Also, I didn’t think hat it was possible, but the “Talk nerdy to me” Poison spoof proved that to me there are performers who aspire to be Weird Al.

Cheers.
Scott

One key thing that I think got missed were angel groups, both angel networks and angel funds. These are very different than individual investors and a potential source of early stage funds.

In particular, the definition of an accredited investor missed that individuals with a $200K/year income (or couples with a $300K/yr joint income) are also accredited. This puts many higher-end professionals as potential angel investors, especially when combining their money into a fund. I would suspect groups with these types of angels would also have a lower average age and thereby a higher risk profile for asset allocations.

It seems like the Boston angel groups have a lot of angels in their 30s and 40s, which make for good early stage angel investors. High net worth and high income individuals in their 50s and 60s are naturally going to be less prone toward riskier early stage angel investments.