Comments | prog: Second angel meeting

prog

Second angel meeting

Jun 19, 2006 18:52

The meeting with angel #2 (from same outfit as angel #1, and no relation to VC dood) was interesting. Still no resolution as to our ultimate fate but we picked up some clues and heard some unexpected things about fundraising from the mouth of a potential investor (who has the ear of many more people like him ( Read more... )

funding, business

Comments 2

dougo June 19 2006, 23:38:29 UTC

TWO MILLION DOLLARS does seem like a lot.

prog June 19 2006, 23:47:00 UTC

What's lame is that I didn't realize it was that the numbers were that big. I mean, I did, but I didn't. It was just the output of some formulas. It was useful for a third party to come in and WTF at us.

OTOH, 18 months is a long time. OTOOH we've gotten this far with $20,000. OTOOOH we want to to spend more money than we have been, on things like, y'know, salaries. And office space. OTOOOOH, not that much more.