Posted on July 8, 2005
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NETWORK: IMPORTANT AN HARD NEED TO KNOW
I bet a lot of all you HIGHLY VALUED READERS – are very much into startups and entrepreneurship – and here is a VERY IMPORATANT LESSON I JUST GOT COMFIRMED YESTERDAY.
Venture Capital firms get so so so many business plans and ideas – that its hard for them to EVALUATE ALL – and dig into everything. So 2 pretty big VCs confirmed to me yesterday that they have an overall ruler that goes like this: “If a STARTUP dont know – someone we know (thereby armslength of trust) – the they will probobly not make it to market and succes….”
EXPAND YOUR NETWORKS DUDES !
Hope this makes a bit sense – chill.
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