The 2 Web Crew Podcast #27 - Funds Drought?
Join Duncan Riley, Bronwen Clune, Cameron Reilly, Richard Giles and Mick Liubinskas as they dissect the recent article in the Australian Financial Review written by Renai LeMay about Aussie web 2.0 startups.
We also discuss the news today that Ninemsn has lost it’s top five execs in a single blow. Does Ninemsn suck as much as think it does? Is it doomed as Duncan believes? Tell us what you think below.
Also listen as Cam gets picked on. It’s not his fault he’s handsome AND talented. Deal with it, biatches.
Don’t forget you can tune in live while we record the show at 1pm AEST Wednesday each week at our Ustream page.
June 5th, 2008 at 12:28 am
Nice work crew :)
Agreed with your notion.
IMO the time spent in rasing capital in AU is even potentally a real risk to succeeding - such a massive time sink that would otherwise be put into sales/productdev.
Bootstrap all the way baby…
We have brought http://www.BuzzNumbersHQ.com to market in 9 months (whilst doing client work and eating noodles to stay afloat). We spent probably 4 months trying to raise capital and it was such a pain that we have given up and using our now found free time in sales/dev and its working…
That said, an angel falling from the sky wouldnt hurt :)
June 5th, 2008 at 10:17 am
lol I will have to listen :)
Cheers,
Renai