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How to Evaluate Potential Internet and Software Investors - Dan Street
In Chapter 11 of 20 of his 2011 Capture Your Flag interview with host Erik Michielsen, software entrepreneur and Borrowed Sugar founder Dan Street shares how he evaluated potential investors. First, Street wanted investors passionate about his company mission. Second, he prioritized investors with consumer Internet and software businesses. Third, Street notes the investors had to come via trusted network connections. He shares how different type of investors asked different questions. From beginning of raise until end of raise, the process took six months, with two weeks to close on term sheet details. Street is the founder and CEO of Austin, Texas based Borrowed Sugar (www.borrowedsugar.com) which develops Internet software to strengthen local communities. Previously, Street worked in private equity at Kohlberg, Kravis, and Roberts (KKR) and management consulting at Bain & Co. He earned a BA in music and business from Rice University.
Video Length: 0
Date Found: June 07, 2011
Date Produced: May 24, 2011
View Count: 0
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