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How to get Funding in 2009 and how to survive without Additional Funding

About the Talk

May 6, 2009 12:30 PM

Hamburg, Germany

Hamburg, Germany

Investors/VCs are currently very prudent and conservative with their investments (due to financial crisis, own issues, etc), therefore it is crucial for many start-ups, especially those that are very early-stage and that don't have a proven business model yet, to survive this year and continue build their business. In the last 6-9 months, many VCs have slowed down their investment pace and are focusing more & more on "proven" mid/late-stage companies, which means that few deals are getting done in the early-stage phase. Young start-ups not only need to somehow survive 2009 but will have to work hard on defining their value-add (vis-à-vis consumers or businesses), building a scalable business model and quickly find an acceptable cost/revenue balance. The days of extremely high burn rates are over.

Moderated by Robert Lang, result

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