Is this site legit?(fundinguniverse.com)
fundinguniverse.com
Is this site legit?
http://www.fundinguniverse.com/
5 comments
If it is legit, it has the distinct disadvantage that you probably have to go to Utah to try the service once you get through the first cut, and there is no indication of what kind of network they can provide.
I'll never forget driving through Utah listening to the radio, and the dj said "right now, I would love to play you this song - but I can't". I think they actually have sensorship there.
I'll never forget driving through Utah listening to the radio, and the dj said "right now, I would love to play you this song - but I can't". I think they actually have sensorship there.
Please educate yourself before making comments like that. The first amendment applies to all states, even Utah. Same goes for FCC rules which govern radio standards.
Regarding 'going to Utah to try the service' that is not correct. The site is a matching service for angels and entrepreneurs, they don't actually provide the funding.
Regarding 'going to Utah to try the service' that is not correct. The site is a matching service for angels and entrepreneurs, they don't actually provide the funding.
It was simply an experience I had - so I feel very educated about it. My guess is that the censorship in this case was related to the owner of the radio station, and I'm guessing there is alot of that kind of private censorship in Utah - but I'm not sure (I experienced this a couple times on different stations in Utah). The incident happened about 15 years ago so things may have changed. Something I've never experienced in any other state - and I've driven through alot of states.
A single isolated incident and your guesses do not constitute facts.
Never heard of any of these people. From the high-tech "smart money" standpoint, this is not that attractive.
What is the "high-tech "smart money" standpoint"?
You don't just want cash, you want cash & brains. You want smart people with knowledge of your market and the ability to help you succeed not just through money, but through advice, connections, etc.
To expand on this...an angel or series A round is not the end of your business, it's just the beginning. Cash can't tell you what to spend it on. You're going to need more people...possibly a CEO, probably a CFO within a year, a good accounting firm, sales people if you're in B2B, a PR firm, big customers willing to try your buggy beta software, etc. Knowing who to call on is part of what smart money can bring to the table. (You're on your own for legal...you can't share a lawyer with your money people, if you want to be able to trust things to shake out nicely. Like good fences make good neighbors, the same is true of good lawyers between money and businesses.)
It seems to be a Utah thing. I hadn't heard of them. I doubt it would work very well.
Has anyone ever had success with a site like this?
http://www.gobignetwork.com/small-business-funding/
I also blogged a few days ago about a company that got funded through Go BIG -
http://www.gobignetwork.com/wil/2007/4/13/anatomy-of-a-go-big_funded-company-propractica/10131/view.aspx
You can search through our investor profiles as well as see other companies that are posting.
Hope that helps.