VC’s Gloom Means Entrepeneurs’ and Angels’ Boon - TechHui2024-03-29T08:31:24Zhttp://www.techhui.com/forum/topics/1702911:Topic:23265?commentId=1702911%3AComment%3A23402&feed=yes&xn_auth=noInvestors Turn Up the Pressur…tag:www.techhui.com,2008-10-13:1702911:Comment:234022008-10-13T19:45:59.151ZJared I. Kuroiwahttp://www.techhui.com/profile/JaredIKuroiwa
Investors Turn Up the Pressure: Cut Costs; Raise Money Now (WSJ Blog)<br />
<a href="http://blogs.wsj.com/independentstreet/2008/10/10/investors-turn-up-the-pressure-cut-costs-raise-money-now/">http://blogs.wsj.com/independentstreet/2008/10/10/investors-turn-up-the-pressure-cut-costs-raise-money-now/</a><br />
<br />
– Lower “burn rates.”<br />
– Speed up fund raising.<br />
– Don’t be too picky about investors.<br />
– Aggressively pursue mergers and acquisitions.<br />
– Be realistic.<br />
– Seek partners.<br />
<br />
This may sound strange to some,…
Investors Turn Up the Pressure: Cut Costs; Raise Money Now (WSJ Blog)<br />
<a href="http://blogs.wsj.com/independentstreet/2008/10/10/investors-turn-up-the-pressure-cut-costs-raise-money-now/">http://blogs.wsj.com/independentstreet/2008/10/10/investors-turn-up-the-pressure-cut-costs-raise-money-now/</a><br />
<br />
– Lower “burn rates.”<br />
– Speed up fund raising.<br />
– Don’t be too picky about investors.<br />
– Aggressively pursue mergers and acquisitions.<br />
– Be realistic.<br />
– Seek partners.<br />
<br />
This may sound strange to some, but we're in about the same situation (when it comes to pressure being placed for capital). We are not part of a station group and "owned" by a capital fund and operated locally. Though we are not a start up, in many ways I see us as a tech company trying to change into something else as the impending convergence becomes reality.