http://www.bothsidesofthetable.com/2009/06/08/the-first-vc-meeting-post-4-of-many/ Entrepreneur turned VC Sun, 01 Aug 2010 00:25:20 +0000 hourly 1 http://wordpress.org/?v=7727 http://www.bothsidesofthetable.com/2009/06/08/the-first-vc-meeting-post-4-of-many/comment-page-1/#comment-94 SiliconANGLE — Blog — Getting the Muggles: Designing for the Mainstream Tue, 26 Jan 2010 20:20:50 +0000 http://bothsidesofthetable.com/?p=49#comment-94 [...] Kind of the obvious next step.  Once you’ve defined a problem that exists in the market you need to talk specifically about how you plan to build a product that addresses the perceived problem.  ”Problem: People don’t trust Craigslist anymore but still want to buy / sell goods to local people.  We solve that trust issue by A, B, C.  Problem: People using Service Magic are only given three potential vendors to do business with and each vendor has to pay whether they’re selected or not.  Our solution allows you to see many vendors and each vendor only pays if they are selected for business.  I talk more about this in my post about solving the problem in fund raising. [...] [...] Kind of the obvious next step.  Once you’ve defined a problem that exists in the market you need to talk specifically about how you plan to build a product that addresses the perceived problem.  ”Problem: People don’t trust Craigslist anymore but still want to buy / sell goods to local people.  We solve that trust issue by A, B, C.  Problem: People using Service Magic are only given three potential vendors to do business with and each vendor has to pay whether they’re selected or not.  Our solution allows you to see many vendors and each vendor only pays if they are selected for business.  I talk more about this in my post about solving the problem in fund raising. [...]

]]> http://www.bothsidesofthetable.com/2009/06/08/the-first-vc-meeting-post-4-of-many/comment-page-1/#comment-93 Building Products for Mass Adoption Tue, 26 Jan 2010 06:11:55 +0000 http://bothsidesofthetable.com/?p=49#comment-93 [...] 2. Explain how you’ll solve the problem.  Kind of the obvious next step.  Once you’ve defined a problem that exists in the market you need to talk specifically about how you plan to build a product that addresses the perceived problem.  ”Problem: People don’t trust Craigslist anymore but still want to buy / sell goods to local people.  We solve that trust issue by A, B, C.  Problem: People using Service Magic are only given three potential vendors to do business with and each vendor has to pay whether they’re selected or not.  Our solution allows you to see many vendors and each vendor only pays if they are selected for business.  I talk more about this in my post about solving the problem in fund raising. [...] [...] 2. Explain how you’ll solve the problem.  Kind of the obvious next step.  Once you’ve defined a problem that exists in the market you need to talk specifically about how you plan to build a product that addresses the perceived problem.  ”Problem: People don’t trust Craigslist anymore but still want to buy / sell goods to local people.  We solve that trust issue by A, B, C.  Problem: People using Service Magic are only given three potential vendors to do business with and each vendor has to pay whether they’re selected or not.  Our solution allows you to see many vendors and each vendor only pays if they are selected for business.  I talk more about this in my post about solving the problem in fund raising. [...]

]]> http://www.bothsidesofthetable.com/2009/06/08/the-first-vc-meeting-post-4-of-many/comment-page-1/#comment-92 Raising capital - The 50 or so things you should read first | JonBischke.com Sun, 08 Nov 2009 11:18:37 +0000 http://bothsidesofthetable.com/?p=49#comment-92 [...] (Post 1 of Many) The First VC Meeting (Post 2 of Many) The First VC Meeting (Post 3 of Many) The First VC Meeting (Post 4 of Many) A Tale of Two Pitches Do You Really Even Need [...] [...] (Post 1 of Many) The First VC Meeting (Post 2 of Many) The First VC Meeting (Post 3 of Many) The First VC Meeting (Post 4 of Many) A Tale of Two Pitches Do You Really Even Need [...]

]]> http://www.bothsidesofthetable.com/2009/06/08/the-first-vc-meeting-post-4-of-many/comment-page-1/#comment-91 Paul Wed, 17 Jun 2009 00:22:43 +0000 http://bothsidesofthetable.com/?p=49#comment-91 Postcript: I see that some other company is now using the MyTradeIn.com domain. All the best to them! Postcript: I see that some other company is now using the MyTradeIn.com domain. All the best to them!

]]> http://www.bothsidesofthetable.com/2009/06/08/the-first-vc-meeting-post-4-of-many/comment-page-1/#comment-90 Paul Wed, 17 Jun 2009 00:19:37 +0000 http://bothsidesofthetable.com/?p=49#comment-90 Amazingly helpful series. Funny example about the used car company. Something very similar to the fictional company you describe got 2nd round financing in 2001 before dying in the dot-com bust. MyTradeIn.com is now nothing more than a fond memory to those who worked there -- and a handful of surprisingly resilient t-shirts in a my closet. Amazingly helpful series. Funny example about the used car company. Something very similar to the fictional company you describe got 2nd round financing in 2001 before dying in the dot-com bust. MyTradeIn.com is now nothing more than a fond memory to those who worked there — and a handful of surprisingly resilient t-shirts in a my closet.

]]> http://www.bothsidesofthetable.com/2009/06/08/the-first-vc-meeting-post-4-of-many/comment-page-1/#comment-89 Chris Grew Tue, 09 Jun 2009 13:41:21 +0000 http://bothsidesofthetable.com/?p=49#comment-89 Mark: Great set of posts -- really enjoying your perspective. Hope you manage to make it back to the UK some time soon. Chris Mark:
Great set of posts — really enjoying your perspective.
Hope you manage to make it back to the UK some time soon.
Chris

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