"Wynand - Let me know how far you have developed your idea. We are launching the Velociti Y programme on 26 February and it aims at assisting idea stage entrepreneurs in doing a proper evaluation of the business idea and then help to compile a…"
Wynand Meyering's Discussions
What are the chances of getting funding for just a .com idea?
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Lets say you just have an idea for a great .com web site. But you don't have any funding available at the moment. For a .com web site I'd say you need someone that is goodwith lets say databases,…Continue
Tags: idea, funding, startup, .com
Started this discussion. Last reply by Chris Vermeulen Feb 12, 2010.
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Chris Vermeulen replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?
David Robert Lewis replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"I f anybody want's to see the presentation and is willing to sign an NDA, then please email me, or call 082 425 1454"
David Robert Lewis replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"I guess that is what I need to do, get some people who might be able to give feedback and who don't mind signing an NDA. Anybody out there who don't mind being limited by "opportunity". I know it's a hard one. You get the…"
Moshe Adir replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"Hi David
It is hard to answer any of your questions without the understanding of the project but one thing I must say... the NDA is your friend and costs no money to attain, you can copy one from a friend or off then net and just change the…"
David Robert Lewis replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"I have an insanely great idea for a piece of internet software that could change life on the planet as we know it. If I had the money I would spend R100 000 on building the client and server. The only way I can think of pursuing this without cash,…"
Tatenda Muregi replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"Hi Ardi, good word there. When it comes to getting an investor, how do you structure the deal. You create your site and launch, what value do you place into it when negotiating and offering equity to an investor.
In other words, could you advice me…"
Tatenda Muregi replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"I am in a similar position as well and have though about finding a relevant and strong technical co founder. My sticking point comes to this:
As I lack finances and much technical know how, a technical co founder would add clout to my proposal to…"
Wynand Meyering replied to Vinny Lingham's discussion Venture Capital in South Africa"I would take a different approach to venture capital in South Africa if I was part of a venture capitalist firm like HBD. Look there are millions of web sites going live every day. One of those millions will be a new YouTube, Twitter, Google or MXIT…"
Nicky Pombo replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"I started out by registering a company and writing a business plan. This was in August 2008 and it is still on paper (in the air) but I am not discouraged. The website is s l o w l y being built during after hours and weekends. People will buy into…"
Angelo Zanetti replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"You might want to get a partner who gets a share in the business and they get involved either with money or possibly they are technical (can do the design and development work).
It really depends on the business, the idea, the cost to implement,…"
Moshe Adir replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"I have always believed in Organic growth and strive to prove the idea first before I go hunting for funding. I am not scared of time passing by, especially when I can feel secure in my proof of concept and I don’t have the stress of recovery…"
Justin Stanford replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"That's pretty well summed up, Dele. VCs consider ideas to be largely commoditised, (one of the many reasons they don't sign NDAs). It is the capacity of the team in front of you to execute on that idea that is key. Obviously to start with…"
Dele Sikuade replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"The problem that you have is that to an investor ideas are not valuable; they are not rare, they have no intrinsic value and they are not difficult to obtain. The mistake that many people make is to think that because they are themselves not aware…"
Ardi Coetzee replied to Wynand Meyering's discussion What are the chances of getting funding for just a .com idea?"I built MarketDock.com myself, from scratch, but was funded by one other investor. The funds made it possible for me to dedicate more time to the project. When it was done, there were two people dedicated to promoting the site, which also made a big…"
Deon C. Louw left a comment for Wynand Meyering"Please participate in this survey regarding sales and marketing techniques in Cape Town. You have the options to view the results of the survey at the end of the month. A free gift of Oxygen Office Professional will be mailed to your doorstep for…"
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- At 11:33 on November 6, 2009, Deon C. Louw said…
- Please participate in this survey regarding sales and marketing techniques in Cape Town. You have the options to view the results of the survey at the end of the month. A free gift of Oxygen Office Professional will be mailed to your doorstep for your trouble (Cape Town only). The purpose is to measure to what degree expectation meets reality.
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