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Personally, I would not go for capital on your site. I'd put some ads on there, expand the service somewhat, and in a while you'll be making a bit of money.
by maxklein 18y ago
Personally, I would not go for capital on your site. I'd put some ads on there, expand the service somewhat, and in a while you'll be making a bit of money.
- rantfoil 18y agoI disagree. Raising $300k to $500k at a reasonable seed valuation makes a ton of sense for them -- if you get the right angels who can actually help you with connections and experience, the pie will get larger faster than the % of the pie you give up to get them.
- maxklein 18y agoWell, I won't argue. I've never lived in an area where I had to deal with anything like hurricanes or other wierd weather, so I know very little about that market and how much can actually be made from it.
- steveplace 18y agoJust as a point of reference. The weather channel and its website was valued around 3.5B at time of acquisition. This included a TV channel as well as some other resources, but it's a market.
- wensing 18y agoI am actually looking forward to "smart money" as much for the smart as the money. We are encompassed with so many opportunities that it will be extremely helpful to have another vested party with significant experience to boot.