Monday, April 20, 2009

Investors turning on the screws

With a combative attitude like this it’s a wonder any deals at all are done.
http://venturebeat.com/2009/04/18/vcs-are-turning-the-screws-with-financing-terms/

Considering we just decided to go out for angel/early vc funding this weekend I am hopeful this isn’t what I encounter over the next 8 weeks, luckily I have the option of self funding as we don’t need a lot of capital.


Cheers,
Dean

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