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Using an Investment Broker When You’re Outside the Valley
By Sarah | July 22, 2007
Ask the VC has an interesting counter post by Donna Murdoch of KeyStone Equities that is worth a read.
Donna’s letter is in response to Jason’s post “Are there Venture Capital Brokers?“.
Donna’s post, and I think the point is very well taken, is that in the Valley where the ins and outs of venture financing are well known, raising a round of financing is consider a core competency of sorts. But if you are an entrepreneur outside the Valley (Donna gives the example of Philadelphia), raising a round isn’t something the non-Valley entrepreneur is necessarily exposed to. And so some help raising the round isn’t necessarily a bad thing. I agree. If you’re an OtV entrepreneur, Donna’s post is good food for thought.
