Venture capitalists are sitting on their wallets, startups are hanging in there, geography is becoming less and less relevant for funding, and other takeaways.
On Thursday, East Coast-based venture-capital firm Converge named Anshu Agarwal as a general partner, thereby establishing a base camp in Silicon Valley.
By Alanna Moriarty
For nine lucky first-time entrepreneurs, July 14 could be the day their dreams are realized. For the third summer, Hopkinton-based science and technology incubator TechSandBox will give them a chance to make their case for critical financing.
“It’s hard to network your way to investors, especially as a first-time entrepreneur,” said Barb Finer, TechSandBox’s CEO.
That’s where Piranha Pond comes in. Pitch party brings together entrepreneurs, investors
Piranha Pond was launched in 2011 by 128 Innovation Capital Group (128ICG), which provides open forums for entrepreneurs to meet with investors, managers and service providers. It is, essentially, a “pitch party” in which each of nine hand-picked entrepreneurs gets five minutes to pitch a product or service to a panel of five investors, much like on the ABC-TV show “Shark Tank.” The goal is to receive financing from at least one of these “angel” investors.