Seeding Your Web 2.0/Emerging Technology Company: Top Tips to Attracting Venture Funding and Doing it the Right Way
January 22, 2008
8:00 a.m. Registration 8:30 - 10:00 a.m. Program
K&L Gates' Boston office
State Street Financial Center One Lincoln Street
Boston, MA
Sponsors:
K&L Gates and MITX
Web 2.0 startups are fast becoming an integral part of every company's online strategy. Web 2.0 products, which include those facilitating user participation, podcasting, social networking and blogging, have become integrated into all aspects of business. This allows a continual interaction between brands and consumers, companies and clients.
VCs are taking notice.
Many of these web-based startups require smaller levels of capital. VCs, who previously may not have funded any companies for less than $3M, want to be involved. For example, larger cap firms are offering seed investments such as "Quick Start" loans for $250K and programs for entrepreneurs coming out of college offering $7.5K to $15K grants. The benefits of getting even small amounts of VC money are huge. It allows startup companies to recruit top-level talent while raising money for future rounds of funding.
Seed money IS coming into New England and IS going toward Web 2.0 and emerging technology companies. Find out how to get your piece of this pie.
Moderator:
James P. O'Hare, Partner, K&L Gates
Panelists:
Sim Simeonov, Partner, Polaris Venture Partners
Austin Westerling, Partner, Charles River Ventures
About MITX:
Established in 1996, MITX - the Massachusetts Innovation & Technology Exchange ("my-techs") is the industry and professional organization where technology, marketing and digital media intersect.
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