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	<title>Comments on: TC50: Angel Investors Say Now Is Their Time</title>
	<atom:link href="http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/</link>
	<description>Startup and Technology News</description>
	<lastBuildDate>Tue, 10 Nov 2009 09:51:04 -0800</lastBuildDate>
	
	<sy:updatePeriod>hourly</sy:updatePeriod>
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		<title>By: Frank</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2781266</link>
		<dc:creator>Frank</dc:creator>
		<pubDate>Wed, 03 Jun 2009 20:08:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2781266</guid>
		<description>How do I contact these people? I try to search it but can&#039;t find them.

Thanks.</description>
		<content:encoded><![CDATA[<p>How do I contact these people? I try to search it but can&#8217;t find them.</p>
<p>Thanks.</p>
]]></content:encoded>
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		<title>By: Troy</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2632284</link>
		<dc:creator>Troy</dc:creator>
		<pubDate>Sat, 21 Feb 2009 05:41:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2632284</guid>
		<description>Aside from appearing clueless by asking for an NDA, that&#039;s the exact opposite of what you want.  

As I argue on http://troy.yort.com/the-anti-nda , unless you&#039;re providing a USB thumbdrive of source code with your executive summary, you want a disclosure agreement.

Given the slim odds of funding, try to turn every interaction into more awareness.  None of these folks are out to harm you.</description>
		<content:encoded><![CDATA[<p>Aside from appearing clueless by asking for an NDA, that&#8217;s the exact opposite of what you want.  </p>
<p>As I argue on <a href="http://troy.yort.com/the-anti-nda" rel="nofollow"></a><a href='http://troy.yort.com/the-anti-nda'>http://troy.yor...om/the-anti-nda</a> , unless you&#8217;re providing a USB thumbdrive of source code with your executive summary, you want a disclosure agreement.</p>
<p>Given the slim odds of funding, try to turn every interaction into more awareness.  None of these folks are out to harm you.</p>
]]></content:encoded>
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	<item>
		<title>By: Money for Entrepreneurs &#187; Blog Archive &#187; Now is the time for Angel Investors -</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2584809</link>
		<dc:creator>Money for Entrepreneurs &#187; Blog Archive &#187; Now is the time for Angel Investors -</dc:creator>
		<pubDate>Mon, 05 Jan 2009 02:23:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2584809</guid>
		<description>[...] http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/ [...]</description>
		<content:encoded><![CDATA[<p>[...] <a href="http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/" rel="nofollow"></a><a href='http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/'>http://www.tech...-is-their-time/</a> [...]</p>
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	<item>
		<title>By: Statistics on economic impact on investments in Israeli high-tech : Israel Innovation 2.0</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2582890</link>
		<dc:creator>Statistics on economic impact on investments in Israeli high-tech : Israel Innovation 2.0</dc:creator>
		<pubDate>Fri, 02 Jan 2009 14:38:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2582890</guid>
		<description>[...] investments, this past September a panel of angel investors at TechCrunch50 basically said that this is the time for them. Though there’s less money going around, especially coming from VCs, there’s still money out [...]</description>
		<content:encoded><![CDATA[<p>[...] investments, this past September a panel of angel investors at TechCrunch50 basically said that this is the time for them. Though there’s less money going around, especially coming from VCs, there’s still money out [...]</p>
]]></content:encoded>
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		<title>By: Deborah</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2534389</link>
		<dc:creator>Deborah</dc:creator>
		<pubDate>Fri, 14 Nov 2008 17:02:36 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2534389</guid>
		<description>Here is some more optimistic commentary on of the current economy and its affect on both Angel and VC investing.  There is a YouTube video of the panel discussion that can be viewed: http://www.fundingpost.com/wallstreet.asp</description>
		<content:encoded><![CDATA[<p>Here is some more optimistic commentary on of the current economy and its affect on both Angel and VC investing.  There is a YouTube video of the panel discussion that can be viewed: <a href="http://www.fundingpost.com/wallstreet.asp" rel="nofollow"></a><a href='http://www.fundingpost.com/wallstreet.asp'>http://www.fund.../wallstreet.asp</a></p>
]]></content:encoded>
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		<title>By: dube zee</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2479827</link>
		<dc:creator>dube zee</dc:creator>
		<pubDate>Wed, 24 Sep 2008 11:47:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2479827</guid>
		<description>i will love to meet an hacker or can you get any site for hackers i will love read from you.
thanks</description>
		<content:encoded><![CDATA[<p>i will love to meet an hacker or can you get any site for hackers i will love read from you.<br />
thanks</p>
]]></content:encoded>
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		<title>By: Entrepreneurs Will Save America &#171; Will O&#8217;Brien</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2477839</link>
		<dc:creator>Entrepreneurs Will Save America &#171; Will O&#8217;Brien</dc:creator>
		<pubDate>Mon, 22 Sep 2008 20:38:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2477839</guid>
		<description>[...] Since the late 90s, venture capitalists have continued to raise large funds, peaking at $1 billion for some firms, and creating the challenge of capital overhang. At the same time, angel funding has become a sophisticated source of capital for early stage companies, especially in Silicon Valley. [...]</description>
		<content:encoded><![CDATA[<p>[...] Since the late 90s, venture capitalists have continued to raise large funds, peaking at $1 billion for some firms, and creating the challenge of capital overhang. At the same time, angel funding has become a sophisticated source of capital for early stage companies, especially in Silicon Valley. [...]</p>
]]></content:encoded>
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		<title>By: Yoav S</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2473978</link>
		<dc:creator>Yoav S</dc:creator>
		<pubDate>Thu, 18 Sep 2008 20:59:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2473978</guid>
		<description>Reply to Chris M.  &quot;startups who come here (SV) to live the dream just to get burned in the end&quot;

At least the entrepreneurs that leave with empty pockets do it with a great smile knowing they tried. I guess SV is a very supportive place for specific people. It still remains the perfect entrepreneur tool kit.

&quot;Ron: SV has the entire infrastructure - PR, lawyers, conferences, SEOs. It’s not just the Angels it’s the entire infrastructure that’s impossible to produce elsewhere. Other places don’t have the depth or the amount of choice&quot;

Don&#039;t you think so?</description>
		<content:encoded><![CDATA[<p>Reply to Chris M.  &#8220;startups who come here (SV) to live the dream just to get burned in the end&#8221;</p>
<p>At least the entrepreneurs that leave with empty pockets do it with a great smile knowing they tried. I guess SV is a very supportive place for specific people. It still remains the perfect entrepreneur tool kit.</p>
<p>&#8220;Ron: SV has the entire infrastructure &#8211; PR, lawyers, conferences, SEOs. It’s not just the Angels it’s the entire infrastructure that’s impossible to produce elsewhere. Other places don’t have the depth or the amount of choice&#8221;</p>
<p>Don&#8217;t you think so?</p>
]]></content:encoded>
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		<title>By: Strong women, stronger men</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2465505</link>
		<dc:creator>Strong women, stronger men</dc:creator>
		<pubDate>Thu, 11 Sep 2008 11:13:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2465505</guid>
		<description>[...] business climate. Anyone even remotely considering raising money for a dating service needs to read Angel Investors Say Now Is Their Time. The days of raising millions of dollars of VC money in the dating space are over. Today you can [...]</description>
		<content:encoded><![CDATA[<p>[...] business climate. Anyone even remotely considering raising money for a dating service needs to read Angel Investors Say Now Is Their Time. The days of raising millions of dollars of VC money in the dating space are over. Today you can [...]</p>
]]></content:encoded>
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		<title>By: Eran</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2464508</link>
		<dc:creator>Eran</dc:creator>
		<pubDate>Wed, 10 Sep 2008 13:30:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2464508</guid>
		<description>How do I contact these people to send my Executive Summary?</description>
		<content:encoded><![CDATA[<p>How do I contact these people to send my Executive Summary?</p>
]]></content:encoded>
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		<title>By: Making Sausages &#171; Perpetual Motion</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2464195</link>
		<dc:creator>Making Sausages &#171; Perpetual Motion</dc:creator>
		<pubDate>Wed, 10 Sep 2008 05:40:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2464195</guid>
		<description>[...] Posted by perpetualmotion under Uncategorized &#160;  Yossi Vardi delivered a priceless quote at yesterday&#8217;s TechCrunch 50 event: Business plans are a great section in the science fiction genre. They are made for the kind of [...]</description>
		<content:encoded><![CDATA[<p>[...] Posted by perpetualmotion under Uncategorized &nbsp;  Yossi Vardi delivered a priceless quote at yesterday&#8217;s TechCrunch 50 event: Business plans are a great section in the science fiction genre. They are made for the kind of [...]</p>
]]></content:encoded>
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		<title>By: Fundraising Advice For Your Dating site Startup</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2464009</link>
		<dc:creator>Fundraising Advice For Your Dating site Startup</dc:creator>
		<pubDate>Wed, 10 Sep 2008 02:01:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2464009</guid>
		<description>[...] business climate. Anyone even remotely considering raising money for a dating service needs to read Angel Investors Say Now Is Their Time. The days of raising millions of dollars of VC money in the dating space are over. Today you can [...]</description>
		<content:encoded><![CDATA[<p>[...] business climate. Anyone even remotely considering raising money for a dating service needs to read Angel Investors Say Now Is Their Time. The days of raising millions of dollars of VC money in the dating space are over. Today you can [...]</p>
]]></content:encoded>
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		<title>By: Phil</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463757</link>
		<dc:creator>Phil</dc:creator>
		<pubDate>Tue, 09 Sep 2008 21:18:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463757</guid>
		<description>When thinking about location, you can&#039;t forget about all the stakeholders.  For KartMe, customers, employees, partners, and investors are all important to keep happy.  And as employees and partners will likely require the most face-to-face contact over the life of the venture, I&#039;ll look for my HQ to be near them.</description>
		<content:encoded><![CDATA[<p>When thinking about location, you can&#8217;t forget about all the stakeholders.  For KartMe, customers, employees, partners, and investors are all important to keep happy.  And as employees and partners will likely require the most face-to-face contact over the life of the venture, I&#8217;ll look for my HQ to be near them.</p>
]]></content:encoded>
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		<title>By: PJ Hyett</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463641</link>
		<dc:creator>PJ Hyett</dc:creator>
		<pubDate>Tue, 09 Sep 2008 19:18:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463641</guid>
		<description>Whatever you do, just don&#039;t build it in Rails.</description>
		<content:encoded><![CDATA[<p>Whatever you do, just don&#8217;t build it in Rails.</p>
]]></content:encoded>
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		<title>By: Christopher Griffin on Startup Thinking : TechCrunch50 Angels -- No More Excuses for Not Moving to the Money</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463640</link>
		<dc:creator>Christopher Griffin on Startup Thinking : TechCrunch50 Angels -- No More Excuses for Not Moving to the Money</dc:creator>
		<pubDate>Tue, 09 Sep 2008 19:18:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463640</guid>
		<description>[...] Day One of TechCrunch50 included a great angel panel consisting of the following [...]</description>
		<content:encoded><![CDATA[<p>[...] Day One of TechCrunch50 included a great angel panel consisting of the following [...]</p>
]]></content:encoded>
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		<title>By: sam</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463487</link>
		<dc:creator>sam</dc:creator>
		<pubDate>Tue, 09 Sep 2008 16:33:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463487</guid>
		<description>i&#039;m sorry.

but if you really are a serious company, and you want people to contact you. you might start by having your information (phone/email/etc...) listed on your site. i can&#039;t take you seriously (7 digit revs) with the basic information not listed on your site!!

so, why would a potential investor take you seriously. remember, you only have one time, to make a 1st impression.</description>
		<content:encoded><![CDATA[<p>i&#8217;m sorry.</p>
<p>but if you really are a serious company, and you want people to contact you. you might start by having your information (phone/email/etc&#8230;) listed on your site. i can&#8217;t take you seriously (7 digit revs) with the basic information not listed on your site!!</p>
<p>so, why would a potential investor take you seriously. remember, you only have one time, to make a 1st impression.</p>
]]></content:encoded>
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		<title>By: MyLocator.com</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463393</link>
		<dc:creator>MyLocator.com</dc:creator>
		<pubDate>Tue, 09 Sep 2008 15:12:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463393</guid>
		<description>&#039;It’s a portfolio play. You can’t invest in one or two companies - it’s totally random. It’s too hard to say. If you know what is going to happen then it’s not high risk angel investing.&quot;  

sounds like he is saying &quot;Welcome to the Jungle.&quot;  

thank you Yossi for tellin&#039; it like it is.</description>
		<content:encoded><![CDATA[<p>&#8216;It’s a portfolio play. You can’t invest in one or two companies &#8211; it’s totally random. It’s too hard to say. If you know what is going to happen then it’s not high risk angel investing.&#8221;  </p>
<p>sounds like he is saying &#8220;Welcome to the Jungle.&#8221;  </p>
<p>thank you Yossi for tellin&#8217; it like it is.</p>
]]></content:encoded>
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		<title>By: Dan</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463318</link>
		<dc:creator>Dan</dc:creator>
		<pubDate>Tue, 09 Sep 2008 12:41:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463318</guid>
		<description>Silicon Santa aka Ron Conway is the man.</description>
		<content:encoded><![CDATA[<p>Silicon Santa aka Ron Conway is the man.</p>
]]></content:encoded>
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		<title>By: Darren Lee</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463252</link>
		<dc:creator>Darren Lee</dc:creator>
		<pubDate>Tue, 09 Sep 2008 10:20:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463252</guid>
		<description>Damon - Yes, just realized. It was a long day.. with high and low :(

Nevertheless, I just realized it was a bad mistake to post &quot;notices&quot; .. (which became spammy) .. comments. Sincerely apologize for the inconvenience caused. 

Let&#039;s celebrate and focus on TC50 for now. There are more than 52 startups with startups in the DemoPit and beyond. Let&#039;s wish them the best! 

Warmest, Darren</description>
		<content:encoded><![CDATA[<p>Damon &#8211; Yes, just realized. It was a long day.. with high and low <img src='http://www.techcrunch.com/wp-includes/images/smilies/icon_sad.gif' alt=':(' class='wp-smiley' /> </p>
<p>Nevertheless, I just realized it was a bad mistake to post &#8220;notices&#8221; .. (which became spammy) .. comments. Sincerely apologize for the inconvenience caused. </p>
<p>Let&#8217;s celebrate and focus on TC50 for now. There are more than 52 startups with startups in the DemoPit and beyond. Let&#8217;s wish them the best! </p>
<p>Warmest, Darren</p>
]]></content:encoded>
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		<title>By: Damon Damony</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463248</link>
		<dc:creator>Damon Damony</dc:creator>
		<pubDate>Tue, 09 Sep 2008 10:13:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463248</guid>
		<description>Darren

Your spam has a grammar error in it.</description>
		<content:encoded><![CDATA[<p>Darren</p>
<p>Your spam has a grammar error in it.</p>
]]></content:encoded>
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		<title>By: Darren Lee</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463189</link>
		<dc:creator>Darren Lee</dc:creator>
		<pubDate>Tue, 09 Sep 2008 08:28:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463189</guid>
		<description>I love Yossi... You should see his presentation on TED!! It&#039;s hilarious and ingenious! Love that guy! 

--

We’d also launched our startup today, check us out at http://www.adexcel.com

AdExcel is “The Ning for Advertising Networks with more juice in Socialized Ads”..

Let us know what u think ;)

Best,

Darren
Cofounder of AdExcel</description>
		<content:encoded><![CDATA[<p>I love Yossi&#8230; You should see his presentation on TED!! It&#8217;s hilarious and ingenious! Love that guy! </p>
<p>&#8211;</p>
<p>We’d also launched our startup today, check us out at <a href="http://www.adexcel.com" rel="nofollow"></a><a href='http://www.adexcel.com'>http://www.adexcel.com</a></p>
<p>AdExcel is “The Ning for Advertising Networks with more juice in Socialized Ads”..</p>
<p>Let us know what u think <img src='http://www.techcrunch.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
<p>Best,</p>
<p>Darren<br />
Cofounder of AdExcel</p>
]]></content:encoded>
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		<title>By: dan</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463180</link>
		<dc:creator>dan</dc:creator>
		<pubDate>Tue, 09 Sep 2008 08:05:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463180</guid>
		<description>same here :)</description>
		<content:encoded><![CDATA[<p>same here <img src='http://www.techcrunch.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
]]></content:encoded>
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		<title>By: Loren Feldman</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463170</link>
		<dc:creator>Loren Feldman</dc:creator>
		<pubDate>Tue, 09 Sep 2008 07:48:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463170</guid>
		<description>I tried to pitch my github clone to Chris, but he didnt like the title of the presentation..
I&#039;m gonna git you Sacca.</description>
		<content:encoded><![CDATA[<p>I tried to pitch my github clone to Chris, but he didnt like the title of the presentation..<br />
I&#8217;m gonna git you Sacca.</p>
]]></content:encoded>
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		<title>By: RahulC</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463054</link>
		<dc:creator>RahulC</dc:creator>
		<pubDate>Tue, 09 Sep 2008 05:11:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463054</guid>
		<description>Very informative... I am reading and dreaming that one day I might be able to be part of the forum, demo my project.</description>
		<content:encoded><![CDATA[<p>Very informative&#8230; I am reading and dreaming that one day I might be able to be part of the forum, demo my project.</p>
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		<title>By: Chris M.</title>
		<link>http://www.techcrunch.com/2008/09/08/tc50-angel-investors-say-now-is-their-time/comment-page-1/#comment-2463014</link>
		<dc:creator>Chris M.</dc:creator>
		<pubDate>Tue, 09 Sep 2008 04:31:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.techcrunch.com/?p=21993#comment-2463014</guid>
		<description>The panels assertion that one must move to Silicon Valley to &quot;make nice&quot; with target investors is ridiculous when considering the big picture.   Yes SV is a great place to go for investment and PR, but certainly not success.  

As Founders you should never lose site of why you are really in business (hint: it&#039;s to actually build a sustainable business) and who you really serve (hint: it&#039;s not the person that invests in your company).   The following quote by mdanger from This is going to be big,  makes my point exceptionally clear....

&quot;Silicon Valley is like a big light bulb, and it attracts a lot of startups who come here to live the dream just to get burned in the end. Starting a business is not about meeting with VCs or belonging to a TechCrunch or Demo club, it is about getting customers to pay you for the value you bring to them. I see a lot of CEOs here in the Silicon Valley who don&#039;t seem to realize this. They want to play the competitive game of getting funded, telling the right story to an investor and getting a check from them is validation. But who&#039;s to say that the investor really knows better? Or the Techcrunch or Demo selection team for that matter?
    Nothing beats market validation, and paying customers as a proof...&quot;

Like Las Vegas most Silicon Valley entrepreneurs leave with empty pockets and a squashed dream or worse stay and become humbled 40-50 somethings that work for stable tech firms and fantasize about what could of been and how much smarter they are then their boss&#039;s boss....Don&#039;t be that guy (gal).</description>
		<content:encoded><![CDATA[<p>The panels assertion that one must move to Silicon Valley to &#8220;make nice&#8221; with target investors is ridiculous when considering the big picture.   Yes SV is a great place to go for investment and PR, but certainly not success.  </p>
<p>As Founders you should never lose site of why you are really in business (hint: it&#8217;s to actually build a sustainable business) and who you really serve (hint: it&#8217;s not the person that invests in your company).   The following quote by mdanger from This is going to be big,  makes my point exceptionally clear&#8230;.</p>
<p>&#8220;Silicon Valley is like a big light bulb, and it attracts a lot of startups who come here to live the dream just to get burned in the end. Starting a business is not about meeting with VCs or belonging to a TechCrunch or Demo club, it is about getting customers to pay you for the value you bring to them. I see a lot of CEOs here in the Silicon Valley who don&#8217;t seem to realize this. They want to play the competitive game of getting funded, telling the right story to an investor and getting a check from them is validation. But who&#8217;s to say that the investor really knows better? Or the Techcrunch or Demo selection team for that matter?<br />
    Nothing beats market validation, and paying customers as a proof&#8230;&#8221;</p>
<p>Like Las Vegas most Silicon Valley entrepreneurs leave with empty pockets and a squashed dream or worse stay and become humbled 40-50 somethings that work for stable tech firms and fantasize about what could of been and how much smarter they are then their boss&#8217;s boss&#8230;.Don&#8217;t be that guy (gal).</p>
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