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Silicon Valley 9/09. Kimberlie Cerrone kimberlie@gmail.com 415 378 2838. Entrepreneurs. Great people are looking for interesting work Great teams are forming Everyone’s consulting so the mortgage is paid Lots of great people are looking for something stimulating to do
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Silicon Valley 9/09 Kimberlie Cerrone kimberlie@gmail.com 415 378 2838
Entrepreneurs • Great people are looking for interesting work • Great teams are forming • Everyone’s consulting so the mortgage is paid • Lots of great people are looking for something stimulating to do • Bootstrapping startups to the revenue stage • Patience and perseverance are in fashion
Angels • Are few and far between • Everyone’s illiquid right now
Early stage investors • Have moved downstream • Looking at later stage investments to lower the fund risk profile • Looking for $1M in revenue • “Please put me #1 on your Series B list.”
So where are we now? • Great teams are forming • Great companies are being born • Products/services are being developed with the input of customers • Getting to market without spending a lot of money has become an art form • Look for a great crop of emerging companies in 2012-2014