I'll second this, we tried the VC route and it sapped a lot of energy for zero result.
We've spent the last couple of years building a client base off re- branded and self built services in a similar space (email services) to our final solution (xmpp services). This has built our experience, some revenue and importantly client relationships and trust in our brand. We're now using that as a base to deliver our own IP and hopefully we'll be selling it into our client base as the early adopters. regards, David. On 02/02/2009, at 5:00 PM, Nick HaC wrote: > Hi Denise > > Good question - The startup community in Sydney is still growing and > forming it seems - as a result it may seem hard to connect if you > have just arrived in Sydney. > > Official Fridays, Open Coffee, STUB and other events are useful in > meeting the community. > > As for startup camp sydney - Rumor has it the next one will be in > september. > > With regard to funding - it seems most startups in Sydney bootstrap > or build of the back of a services/consulting business. > > It appears most startups in sydney try to avoid VC funding where > possible. The alternative? Build an alpha edition with your sweat, > sell to a few key customers early who help pay for and steer an > advanced featureset. At that point you have a product, some > customers and some revenue and will be ready to go to market. VC's > will probably start calling you then :) > > Best of luck > > Nick > > PS: Pollenizer website has lots of great info > > Pollenizer > How to start from nothing and get funding > > Australian IT Calendar > > On Mon, Feb 2, 2009 at 4:36 PM, Deniss <[email protected]> wrote: > > Hi, > > I was looking for events in Sydney where I could meet > potential partners or investors for a startup and it looks like I > couldn't find much. I've read about Startup Camp II, but couldn't find > any information about the next one. Same with WebJam. > On http://www.startup-australia.org there are links to techstars and Y > Combinator what is good, but that's not AUS. > The big question for me as a newcomer is how startups raise money here > in Sydney? What resources are available? > > > Thanks very much, > Deniss > > > > > > > -------------------------------------------------------------------------------------------------------- Email Filtering by Cleartext a Carbon Minimised company - www.cleartext.com -------------------------------------------------------------------------------------------------------- --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Silicon Beach Australia mailing list. No lurkers! It is expected that you introduce yourself: http://groups.google.com/group/silicon-beach-australia/browse_thread/thread/99938a0fbc691eeb To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en -~----------~----~----~----~------~----~------~--~---
