Accelerate your business with a budget for proof-of-concept marketing
Mar10
on March 10, 2015
at 12:26 pm
George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures, a growth consulting, advisory and executive staffing firm based in Chicago. It is a sad, but familiar, story in startup land. An entrepreneur raises a limited amount of funds, plows it entirely into building out their product, and has no gas left in the tank for driving users to the site once the product is complete. Then they go out hat-in-hand to the venture community looking for additional growth capital, without achieving the proof-of-concept required by the venture investors (in the form of initial user adoption). Hence, leaving them out-of-luck with the VCs and scratching…
This story continues at The Next Web