The financial side of technology entrepreneurship means that almost from inception, an entrepreneur has to think about and plan his or her sources of financing. Wether you like it or not, startups can merely get a break between rounds of fundraising. It’s hard to know where to start sometimes, so this list should hopefully serve as a friendly primer for London startups.
Funding is never easy. Even when you hear stories about entrepreneurs who walk out of a VC with a personal check from the managing director, it is usually after 6 months of pitching and hearing 'no'. This is the story by Yaniv Nizan from Soomla, who raised a round from 7 investors and lived to tell the tale.
Every now and then I run into a post that I'd love VC Cafe readers to see. The post "What I learned from raising venture capital" by Gabriel Weinberg, the founder of DuckDuckGo is one of them. WHAT TO DO WHEN RAISING VENTURE CAPITAL: Save up good news for the middle of the process - launching features that promote growth and getting recognition from the industry (awards, etc) in good timing can help "maximize luck"
Israeli startup AniBoom has raised $4.5 million for its emerging online animation community, reports NewTeeVee. The round was led by Israeli VC firm Evergreen ($610 million under management). AniBoom is an online video aggregator for animated films, with online tools…
