Comments on: Irish Venture Capital Association charge to tell you how to raise venture capital? http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/ Invisible people have invisible rights Sat, 13 Mar 2010 23:32:31 +0000 http://wordpress.org/?v=2.8.6 hourly 1 By: Markham http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236438 Markham Wed, 02 May 2007 04:44:12 +0000 http://www.mulley.net/?p=2118#comment-236438 How to raise venture capital and start a business, 101: Step One: Host a conference on raising venture capital, and charge a fortune for tickets. Step Two: Take the money and run, fool. I like their style. Will Backhander Bertie (and friends) be giving a sideshow on how to fund your divorce? How to raise venture capital and start a business, 101:

Step One: Host a conference on raising venture capital, and charge a fortune for tickets.
Step Two: Take the money and run, fool.

I like their style. Will Backhander Bertie (and friends) be giving a sideshow on how to fund your divorce?

]]> By: Antoin O Lachtnain http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236395 Antoin O Lachtnain Wed, 02 May 2007 02:34:12 +0000 http://www.mulley.net/?p=2118#comment-236395 Well, you have to understand where these guys come from. To a large extent, they are in the MBO business rather than the startup business. MBO is quite different - if you were thinking of doing an MBO at the place you work, you could put the whole thing on the company tab. Companies that are targets for MBOs generally have half-decent cashflow. The reason for this is that startups are so perilous. It is incredibly difficult to make money throwing millions of euros into startups. To make any sort of turn on your money, some of the companies you fund have to grow to millions in turnover within a few years. You need to be really brainy and fairly lucky to stand a chance of doing this. Well, you have to understand where these guys come from. To a large extent, they are in the MBO business rather than the startup business. MBO is quite different – if you were thinking of doing an MBO at the place you work, you could put the whole thing on the company tab. Companies that are targets for MBOs generally have half-decent cashflow.

The reason for this is that startups are so perilous. It is incredibly difficult to make money throwing millions of euros into startups. To make any sort of turn on your money, some of the companies you fund have to grow to millions in turnover within a few years. You need to be really brainy and fairly lucky to stand a chance of doing this.

]]> By: Brendan Lally http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236297 Brendan Lally Tue, 01 May 2007 22:27:35 +0000 http://www.mulley.net/?p=2118#comment-236297 I've seen them mentioned b4 but u have 2 look hard 2 find them. This seems as if its one of their first attempts 2 get out there and spread the word! Don't disagree that they could have done it better. Maybe if they offered you a complimentary ticket Damien u could then tell us (and rest of blogsphere) all the good work that he do :) As John indicates there are other events out there but very poor at getting notice in the startup scene - duh! Lal I’ve seen them mentioned b4 but u have 2 look hard 2 find them. This seems as if its one of their first attempts 2 get out there and spread the word!

Don’t disagree that they could have done it better.
Maybe if they offered you a complimentary ticket Damien u could then tell us (and rest of blogsphere) all the good work that he do :)

As John indicates there are other events out there but very poor at getting notice in the startup scene – duh!

Lal

]]> By: Evert http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236168 Evert Tue, 01 May 2007 16:19:39 +0000 http://www.mulley.net/?p=2118#comment-236168 Absolutely agree.. If I had €850 to spend on something like this I would not need VC capital to begin with.... E. Absolutely agree..
If I had €850 to spend on something like this I would not need VC capital to begin with….

E.

]]> By: Robert Synnott http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236144 Robert Synnott Tue, 01 May 2007 15:25:32 +0000 http://www.mulley.net/?p=2118#comment-236144 I can't help suspecting that this is more of a fund-raising exercise than anything else... I can’t help suspecting that this is more of a fund-raising exercise than anything else…

]]> By: Walter Higgins http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236109 Walter Higgins Tue, 01 May 2007 14:11:36 +0000 http://www.mulley.net/?p=2118#comment-236109 Only in Ireland. Only in Ireland. Only in Ireland. Only in Ireland.

]]> By: John http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236063 John Tue, 01 May 2007 12:23:26 +0000 http://www.mulley.net/?p=2118#comment-236063 The Dublin CIty Enterprise Board run free and almost free events. See http://www.dceb.ie/calendar/default.asp?itemId=17#networking for more details. They ran a 'Raising Private Equity Event' in February at which Business Angels, BES, and VC funding was discussed. The Dublin CIty Enterprise Board run free and almost free events. See http://www.dceb.ie/calendar/default.asp?itemId=17#networking for more details.

They ran a ‘Raising Private Equity Event’ in February at which Business Angels, BES, and VC funding was discussed.

]]> By: keith bohanna http://www.mulley.net/2007/05/01/irish-venture-capital-association-charge-to-tell-you-how-to-raise-venture-capital/comment-page-1/#comment-236032 keith bohanna Tue, 01 May 2007 11:36:08 +0000 http://www.mulley.net/?p=2118#comment-236032 Yep you are right! Kernel were down for Waterford (and possibly Cork) but I am sure they did not make it. Brian Caufield is unusual amongst Irish VC's in that he makes a strong effort to mix it with start-ups. keith Yep you are right! Kernel were down for Waterford (and possibly Cork) but I am sure they did not make it. Brian Caufield is unusual amongst Irish VC’s in that he makes a strong effort to mix it with start-ups.

keith

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