Why Funding?:
<![CDATA[ Why Funding?
Survival after the dot com burst and 9/11
Stretch the runway to generate new avenues to grow
Create growth Multiples
Strengthening the team (!!) and infrastructure
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Money $$ : Criterion/Options:
<![CDATA[ Money $$ : Criterion/Options Criterion :
Avoid dumb capital
investor participation
@Equals
right valuation
and right chemistry
Options :
VC money: times were tough, no one taking Risk
Bankers : Needed Collateral…
Institutional : Slow but gave +ve results ]]>
Institutional Fund:
<![CDATA[ Institutional Fund Very Proactive,Non Govt like, as is the perception
Matured and Experienced Investment Board with seasoned VC(s) as advisors
Attentive and Careful
Provide assistance locally as well as through their strong network]]>
Money Helpful ??:
<![CDATA[ Money Helpful ?? Assisted in turning the tide during the tough times
Added to our “Risk” taking capacity which is essential if you want to grow
Investors opened some very strategic doors for smartData
Provided credibility to smartData name to bigger VC funds (E&Y) and customers as someone, with verified credentials and entrusted with serious money
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Experience:
<![CDATA[ Experience more Matured, Confident, Experienced and above all understand what “accountability” means
“relationship” angle which we tend to avoid/ignore
Art of negotiations
Sharing :
Tend to spend fast early (Curb the tendency)
work on giving ROI.Don’t let it sit in bank earning FD interest, Investor can do it themselves…
Spend on sales, Team, RnD
Treat the money with care, remember it costs !!]]>
Summary:
<![CDATA[ Summary Growth multipliers & Risk taking capacity is directly proportional to “ needing Capital”
Taking “Capital” means “Respecting Capital” and above all “ Returning Capital”
If one has good business model which one believes in, go out, there is lot of good money waiting for good idea/plan and it is possible to Raise it…We DID IT…and SO CAN YOU.. &
Next time you could be standing in my place
THANK YOU]]>