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Will bootstrapping, crowdsourcing and crowdfunding be the future for techmedia start-ups?

Simon Jenner — Tue, 05 May 2009 04:47:00 +0000

Paul,

It may be interesting to have a chat maybe there are things we
could do together?

Thanks

Simon

Simon Jenner, stirring the pot of entrepreneurial magic

inbizvest - Dragons’ Den for the internet

Chief Entrepreneur

[address removed]

M: 07900 885371

Web: www.inbizvest.com

Twitter: style='color:blue'>@inbizvest

Blog: blog.inbizvest.com

From: [address removed]
[mailto:[address removed]] On Behalf Of Paul Dowling
Sent: 04 May 2009 11:39
To: [address removed]
Subject: [entrepreneur-1056] Will bootstrapping, crowdsourcing and
crowdfunding be the future for techmedia start-ups?

Will bootstrapping, crowdsourcing and
crowdfunding be the future for techmedia start-ups?

It seems to me that technology and media
start-ups have always found it difficult to find adequate start-up funding even
in the good times. Now it is even more difficult. However, as founder and CEO
of www.dreamstake.ning.com it
occurs to me that the environment is becoming more conducive to a new more self
contained business model with less reliance on external sources of funding.
Firstly, the bootstrapping of technology solutions has become a real
possibility. The entry point for many technologies is extremely low, sometimes
free of cost. Providers such as Ning, Google and Huddle offer a ‘freemium’
model that makes it extremely easy to launch ‘beta’ services at minimal cost.
Open source also facilitates this process.
Next, there are many excellent individuals available to offer their services at
good rates or even to barter services. The internet allows us to access this
talent pool and consider the ‘crowdsourcing’ of projects as a real option. We
are currently building this model on DreamStake and will announce our approach
very shortly.
Finally, crowdfunding becomes a distinct possibility. In this model a community
such as DreamStake elects to fund certain projects through the membership
voting for the best.
I truly believe that we can change the model for launching ventures. We need to
build up critical mass and put in place the structures to support this approach.
It is all happening as we speak.and I appreciate everyones support and patience
in making it a success.

If you are not already a member please join
on www.dreamstake.ning.com.
We are having an event tomorrow evening which will be a quick way to find
out more about our plans.

Best regards,

Paul Dowling

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Will bootstrapping, crowdsourcing and crowdfunding be the future for techmedia start-ups?

Santosh — Mon, 04 May 2009 19:01:00 +0000

Hi Paul,
Looking forward to this event. Though there has been angel investors and startup incubation initiatives, its interesting to see your 'different' initiatives.

-Santosh

On Mon, May 4, 2009 at 11:38 AM, Paul Dowling <[address removed]> wrote:

Will
bootstrapping, crowdsourcing and crowdfunding be the future for techmedia
start-ups?

It
seems to me that technology and media start-ups have always found it difficult
to find adequate start-up funding even in the good times. Now it is even more
difficult. However, as founder and CEO of www.dreamstake.ning.com it occurs to
me that the environment is becoming more conducive to a new more self contained
business model with less reliance on external sources of funding.
Firstly, the bootstrapping of technology solutions has become a real
possibility. The entry point for many technologies is extremely low, sometimes
free of cost. Providers such as Ning, Google and Huddle offer a 'freemium'
model that makes it extremely easy to launch 'beta' services at minimal cost.
Open source also facilitates this process.
Next, there are many excellent individuals available to offer their services at
good rates or even to barter services. The internet allows us to access this
talent pool and consider the 'crowdsourcing' of projects as a real option. We
are currently building this model on DreamStake and will announce our approach
very shortly.
Finally, crowdfunding becomes a distinct possibility. In this model a community
such as DreamStake elects to fund certain projects through the membership
voting for the best.
I truly believe that we can change the model for launching ventures. We need to
build up critical mass and put in place the structures to support this
approach. It is all happening as we speak.and I appreciate everyones support
and patience in making it a success.

If
you are not already a member please join on www.dreamstake.ning.com. We are
having an event tomorrow evening which will be a quick way to find out more
about our plans.

Best
regards,

Paul
Dowling

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Santosh Panda
CEO & Chief Software Architect
Signure Technologies
www.Signure.com

UK
14 Birchwood Close
Morden, London
SM4 5NH, UK
Phone : +44.208.640.4659

India
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Phone : +91.20.2528.6616

Will bootstrapping, crowdsourcing and crowdfunding be the future for techmedia start-ups?

Paul Dowling — Mon, 04 May 2009 18:37:00 +0000

lang=EN style='font-size:12.0pt;font-family:Arial;color:black'>Will
bootstrapping, crowdsourcing and crowdfunding be the future for techmedia
start-ups?

face=Arial>It
seems to me that technology and media start-ups have always found it difficult
to find adequate start-up funding even in the good times. Now it is even more
difficult. However, as founder and CEO of href="http://www.dreamstake.ning.com/">www.dreamstake.ning.com it occurs to
me that the environment is becoming more conducive to a new more self contained
business model with less reliance on external sources of funding.
Firstly, the bootstrapping of technology solutions has become a real
possibility. The entry point for many technologies is extremely low, sometimes
free of cost. Providers such as Ning, Google and Huddle offer a ‘freemium’
model that makes it extremely easy to launch ‘beta’ services at minimal cost.
Open source also facilitates this process.
Next, there are many excellent individuals available to offer their services at
good rates or even to barter services. The internet allows us to access this
talent pool and consider the ‘crowdsourcing’ of projects as a real option. We
are currently building this model on DreamStake and will announce our approach
very shortly.
Finally, crowdfunding becomes a distinct possibility. In this model a community
such as DreamStake elects to fund certain projects through the membership
voting for the best.
I truly believe that we can change the model for launching ventures. We need to
build up critical mass and put in place the structures to support this
approach. It is all happening as we speak.and I appreciate everyones support
and patience in making it a success.

face=Arial>If
you are not already a member please join on href="http://www.dreamstake.ning.com/">www.dreamstake.ning.com. We are
having an event tomorrow evening which will be a quick way to find out more
about our plans.

face=Arial>Best
regards,

face=Arial>Paul
Dowling

face=Arial>

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UK Business Bank Accounts

Alex Monro — Thu, 30 Apr 2009 00:01:00 +0000

It really does not matter a great deal
- you get what you pay for. A busness account will cost a lot
more - but you will get much better

service. If your account is going to be small
initially and you are not likely to have to borrow money at any time, then there
really is no

point in having a business account. But once
you start putting serious money through you will need a business
account. I have a busness account with Barclays and have found them
OK. The personality of the local busness manager does not really matter as
lending decisions are made on strict criteria and are taken with the aid of a
computer model. You are judged by what you have done, not by what you say you
will do!

best wishes with it

AHM

From: href="mailto:[address removed]">Stony Grunow

style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">

To: href="mailto:[address removed]">[address removed]

Sent: Wednesday, April 29, 2009 4:43
PM

Subject: [entrepreneur-1056] UK Business
Bank Accounts

Hello All

I’m setting up a business bank account for my
company, and I haven’t heard great things about banks and their treatment (or
lack of) business account customers.

Do people have any suggestions?
Also, should my choice be between companies (i.e. HSBC vs. Abbey) or based on
other factors, like number of branches, or proximity to my house / office, or
does it just come down to getting a good bank manager and hoping he doesn’t
move branches / jobs?

If this makes a difference, bank loans are not
going to be needed in the near future (though an overdraft never hurts), and
our weekly transactions are expected to be low, as we are an IT consulting
company.

Many thanks

stony
href="http://citrusconsultants.com">citrusconsultants.com

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Two events

Paul Dowling — Wed, 22 Apr 2009 23:31:00 +0000

Dear All,

You can find two events, both taking place on 5^th
May on href="http://www.dreamstake.ning.com/">www.dreamstake.ning.com.

During the evening we are having a networking event
with drinks sponsored by Microsoft. There will be a short presentation on
the BizSpark programme which is available through our website and a session on ‘pitching
to investors’ which will be presented by Andrea Cockerton.

During the day to coincide with the DreamStake drinks event
Microsoft is running a “Magic of BizSpark” technical briefing in
their London offices in w:st="on">Victoria.

BizSpark is a programme for software and web start-ups and
more than 500 UK
companies have joined since the launch in November 2008. These include
enterprise ISVs such as Artesian Solutions, start-ups in social networking
(Huddle, Wigadoo), digital media (audiotube, umee.tv), search (Silobreaker),
Facebook apps (ParcelPoke), engineering services (dezineforce) and virtually
every other area where new software solutions are being developed. For more
information on BizSpark and other resources for software and web start-ups,
please visit www.microsoftstartupzone.com.

Please take a look at href="http://www.dreamstake.ning.com/">www.dreamstake.ning.com for more
details.

Best regards,

Paul Dowling

Founder and CEO – DreamStake size=2 face=Arial>

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General Funding / Business Angel networks question

weisheimer — Sat, 18 Apr 2009 05:41:00 +0000

I do agree: 10 times is probably enough...
Business Angels are highly selective, but they are usually quicker than
VC/investment funds...
They have the merit of assuming the first risk, therefore they need this
kind of high return as mentioned by Brian.

Happy to help as well if appropriate.
Enjoy the week-end!

Louis
[address removed]

-----Message d'origine-----
De : [address removed] [mailto:[address removed]] De
la part de Brian Milnes
Envoyé : vendredi 17 avril 2009 22:28
À : [address removed]
Objet : RE: [entrepreneur-1056] General Funding / Business Angel networks
question

Bill,

If you imagine Angel Investing is (by necessity) highly risky, and
therefore the investors will want to compensate for the minimum 5 – 10
failures for each successful investment they make. They’ll look for 10
to 30 times a return on their investment over a 5 year period.

Brian

From: [address removed] [mailto:[address removed]]
On Behalf Of Bill Brown
Sent: 17 April 2009 21:34
To: [address removed]
Subject: Re: [entrepreneur-1056] General Funding / Business Angel
networks question

Dear Businessmen
What sort of ROI do these people want? They cannot

be doing it for charity or........?

Bill

2009/4/17 Brian Milnes <[address removed]>

Hardeep,

In addition to Chris’s and others’ well informed comments, you could try
Venture Capital and Private Equity Directory
<http://www.privat...; I cannot vouch for its
completeness or accuracy but I recognize many of the entries as
accurate.

Why did you ask?

Brian

From: [address removed] [mailto:[address removed]]
On Behalf Of Chris Padfield
Sent: 17 April 2009 17:58

To: [address removed]

Subject: RE: [entrepreneur-1056] General Funding / Business Angel
networks question

Hardeep,

You will not find a directory of angel investors; a majority of whom are
private and don’t want huge numbers of business plans in their inbox.
There is however a good directory of angel networks available at
www.bbaa.org.uk <http://www.bbaa.o...; . These networks act as
gatekeepers to their angel members.

The BVCA - http://www.bvca.c... is the place to go for a directory of
venture capital and private equity houses.

Best Regards,

Chris

_________________

Chris Padfield | Investment Manager | London Business Angels & London
Seed Capital

[address removed] | 020 7089 2309
GLE Growth Capital, New City Court, 20 St Thomas Street. London SE1 9RS

www.lbangels.co.uk <http://www.lbange...;

From: [address removed] [mailto:[address removed]]
On Behalf Of Hardeep Rai

Sent: 17 April 2009 17:52
To: [address removed]
Subject: [entrepreneur-1056] General Funding / Business Angel networks
question

Barbara Hi,

Interesting question on funding - I have a follow up question actually
but in the same space.

Does anyone know of ONE PLACE where you can find details of the various
business angels / private equity firms / potential investors that exist?

It strikes me that there are a number of people with ideas on this group
- but not as many people that are looking for ideas to invest in and I
think it would be incredibly useful to know how to contact these
investors...

Thanks kindly.

Hardeep.

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Invitation to connect on LinkedIn

weisheimer — Wed, 15 Apr 2009 14:22:00 +0000

Yes, same message – just not working.

Do we have a LinkedIn private forum/group?

Thanks and regards,

Louis

[address removed]

De : style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> [address removed]
[mailto:[address removed]] De la part de Mitzi Szereto
Envoyé : mardi 14 avril 2009 22:00
À : [address removed]
Objet : Re: [entrepreneur-1056] Invitation to connect on LinkedIn

who did you send this to? it says the email you have put
is wrong.

"Errant Ramblings: Mitzi Szereto’s
Weblog" http://mitziszereto.com/blog
Twitter: @mitziszereto
Also at Facebook, MySpace,LinkedIn, Plaxo, Flickr, Tumblr, Plurk, Hi5, etc.

— On Tue, 14/4/09, Ian Applegate <[address removed]>
wrote:

From: Ian Applegate
<[address removed]>
Subject: Re: [entrepreneur-1056] Invitation to connect on LinkedIn
To: [address removed]
Date: Tuesday, 14 April, 2009, 5:00 PM

sorry all,auto invite on
linkedin = fail

On Tue, Apr 14, 2009 at 4:55 PM, Ian Applegate <[address removed]>
wrote:

style='width:412.5pt;border:none;border-top:solid #3399CC 3.0pt;max-width: 550px;
font-size-adjust: none;font-stretch: normal'>

style='font-size:17.5pt;font-family:"Arial","sans-serif";color:black'>LinkedIn

Ian
Applegate requested to add you as a connection on LinkedIn:

style='font-size:10.0pt;font-family:"Arial","sans-serif"'>

Jordan,

I’d like to add you to my professional network on LinkedIn.

– Ian

href="http://www.linkedin.com/e/qxRiu7R2jSAGHVhkbOMJ9u42ievGFBymvGjWO9jzqtt/blk/143790174_3/cRYQdP4MejsPd34LqnpPbOYWrSlI/svi/"
target="_blank">View invitation from Ian Applegate

style='font-size:10.0pt;font-family:"Arial","sans-serif"'>

DID YOU
KNOW you can conduct a more credible and powerful reference check using
LinkedIn?
Enter the company name and years of employment or the prospective employee
to find
their colleagues that are also in your network. This provides you with
a more balanced set of feedback to evaluate that new hire.

style='font-size:10.0pt;font-family:"Arial","sans-serif"'>

style='font-size:7.5pt;font-family:"Arial","sans-serif";color:#999999'>©
2009, LinkedIn Corporation

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www.ianapplegate.co.uk
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www.linkedin.com/in/ianapplegate

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06:17:00

Accounting package

rich tolcher — Mon, 30 Mar 2009 22:08:00 +0000

You might wish to check out the Microsoft Bizspark programme
where, I believe, they will provide comprehensive, licensed software for this
purpose (and the rest) for free for three years, should you be eligible (which
most startups are).

We’re members and enjoy these benefits.

Richard Tolcher

From: [address removed]
[mailto:[address removed]] On Behalf Of ramesh sharma
Sent: 30 March 2009 15:02
To: [address removed]
Subject: Re: [entrepreneur-1056] Accounting package

Hi,

We use Quickbooks Pro – does
all the things that you want and more…. very easy to learn.

2009/3/25 Eliette <[address removed]>

Hello all,

I am currently looking for a
robust accounting package that does all of the following:

- style='font-size:7.0pt;color:#1F497D'>
Time tracking (as we
invoice our clients on an hourly basis)

- style='font-size:7.0pt;color:#1F497D'>
Invoicing (and also
estimates)

- style='font-size:7.0pt;color:#1F497D'>
Report producing: Accounts
aging, payments collected, Time to pay, revenue by client etc….

- style='font-size:7.0pt;color:#1F497D'>
Expense reports

I would love to hear your
suggestions or what the majority of entrepreneurs are using out there.

Regards,

n lang=EN-US style='font-size:11.0pt;color:#004538'> style='font-size:11.0pt;color:#1F497D'>Eliette Gordalsi

n lang=EN-US style='font-size:11.0pt;color:black'> style='font-size:11.0pt;color:#1F497D'>Business Support and Lifestyle
Management Solutions

n lang=EN-US style='font-size:11.0pt;color:black'> style='font-size:11.0pt;color:#1F497D'>Savoir Vivre UK

n lang=EN-US style='font-size:11.0pt;color:black'> style='font-size:11.0pt;color:#1F497D'>First Floor, 57 Farringdon Road, London,
EC1M 3JB

n lang=EN-US style='font-size:11.0pt;color:gray'> style='font-size:11.0pt;color:#1F497D'>T : +44 (0) 20 style='font-size:11.0pt;color:#1F497D'>7 269 8693

n lang=EN-US style='font-size:11.0pt;color:black'> style='font-size:11.0pt;color:#1F497D'>M : +44 (0) style='font-size:10.5pt;color:#1F497D'> 7784 281 956

n lang=EN-US style='font-size:11.0pt;color:black'> style='font-size:11.0pt;color:#1F497D'>E : href="mailto:[address removed]" target="_blank">[address removed] style='font-size:11.0pt;color:red'>

n lang=EN-US style='font-size:11.0pt;color:#1F497D'> style='font-size:11.0pt;color:#1F497D'>W : href="http://www.savoirvivreuk.com/" target="_blank">www.savoirvivreuk.com

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16:56:00

Bank accounts

Craig Barrack — Wed, 25 Mar 2009 03:18:00 +0000

I have used NatWest and am currently moving. The theory is
that a government owned bank will be more predisposed to a loan / overdraft isn’t
the practice. The local staff were very supportive of a small loan for my
business, which was stamped upon from a great height by their central credit
committee. This was even under the auspices of the government’s new
and much vaunted EFG scheme (replacing the SFLG scheme where the DFERR underwrites
75% of loan, reducing the exposure to the bank, so theoretically encouraging
them to lend money to small / early stage companies).

An accountant friend of mine has a senior contact at NatWest,
who confided in him that getting money from them at the moment will be “blood
from a stone”.

From: [address removed]
[mailto:[address removed]] On Behalf Of Tim Dempsey
Sent: 24 March 2009 18:32
To: [address removed]
Subject: RE: [entrepreneur-1056] Bank accounts

If
you’re looking for a nice overdraft or loan facility then choose a
government bank like RBS, Natwest, Lloyds etc. – they tend to be better
for this at the moment.

style='color:#595959'>Kind regards,

style='color:#595959'>
Tim Dempsey
Director, Epiphany
Capital Ltd.

style='font-size:9.0pt'>

src="cid:image001.gif@01C9ACB8.D9E2F720" align=left hspace=12
alt="cid:image002.gif@01C91291.1E16D320" v:shapes="_x0000_s1026"> style='font-size:9.0pt;color:#666666'>T: +44 (0)161 918 6716 | M: +44 (0)7771 74 78 74 |Twitter:
tim_dempsey
E: style='font-size:9.0pt;color:gray'>[address removed] style='font-size:9.0pt;color:gray'> | href="http://www.epiphanycapital.co.uk">www.epiphanycapital.co.uk
P: One Central Park, Northampton Road, Manchester. M40 5WW

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—–Original Message—–
From: [address removed] [mailto:[address removed]] On
Behalf Of Dominic Williams
Sent: 24 March 2009 17:33
To: [address removed]
Subject: RE: [entrepreneur-1056] Bank accounts

I’ve done Natwest, which was truly appalling and am now
with HSBC.

They are very good

—–Original Message—–

From: [address removed]
[mailto:[address removed]]

On Behalf Of Jay Nguyen

Sent: 24 March 2009 17:20

To: [address removed]

Subject: [entrepreneur-1056] Bank accounts

Hi all,

We’re in the process of setting up a new company and
would like to get

recommendations on banks to have an account with.
We’ve previously used

Barclays but haven’t been all that impressed. Does
anyone have any

positive suggestions?

Thanks

Jay

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Version: 8.0.238 / Virus Database: 270.11.23/2016 – Release Date: 03/21/09
17:58:00

mobile app for blackberry and other mobile OS

Charles Cadbury — Tue, 24 Mar 2009 17:44:00 +0000

Mike,

We've got a great mobile team. Decent levels of Symbian knowledge. We're
currently working on a couple of applications for the Nokia N74 which is
quite entertaining as they're still working their widget API.

Whilst you're all here anyone have an inside line on the release date of the
N74?

We've got a couple of prototypes for development purposes.

The team we have can cover all the skills you mention.

Give me a call if you get a minute or preferably send me a brief so we can
have a sensible discussion.

Cheers,

Charlie

Charles Cadbury
tel: 020 7837 5200
mobile: 07971 987 065
web: www.putitout.co.uk
twitter: http://twitter.co...

-----Original Message-----
From: [address removed] [mailto:[address removed]] On
Behalf Of Mike Dewhirst
Sent: 24 March 2009 10:27
To: [address removed]
Subject: [entrepreneur-1056] mobile app for blackberry and other mobile OS

Hi all,

Many thanks to everyone who responded to the iPhone development query,
the feedback is very much appreciated.

We've now found a suitable developer through the forum for the iPhone
app and are now looking for companies or individuals who would be able
to do the same on other mobile platforms such as RIM/BlackBerry OS,
Symbian and Windows Mobile - with specific GPS programming experience
ideally.

Any pointers would be greatly appreciated.

Many thanks in advance,

Michael

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Version: 8.0.238 / Virus Database: 270.11.24/2018 - Release Date: 03/23/09
18:51:00

Open Coffee Entrepreneur Group » www.avg.com

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bootstrapping, crowdsourcing and crowdfunding be the future for techmedia
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