I'm at CIX blogging live.
CIX is a conference bringing venture capital and angel funds together with entrepreneurs. For old school TV producers this may be the 'new' way of building and financing cross platform projects.
At the moment I'm listening to a panel session on 'What do VC's and Angels Want?'
Interesting points:
-don't take the money just cause it is there -- it can hurt your company
-take the smart money: watch milestones
-public venture capital: taking your company public too soon is irresponsible
-be careful of 'cramming'
-pitching is one of the most important things and if done improperly can lose you your money
-bootstrapping your company is the most important thing
-protect the farm team
-best person to hire is someone who lost in the dotboom
-Turn offs:
don't tell the VC how much they will make
don't tell the VC that this is the best deal they will see all year,
need a fire in the belly entrepreneur leading the team
don't like solo entrepreneurs
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