VC investors discovering small can be beautiful

Jon Radoff, founder and CEO of GuildCafe, says small amounts of funding can set the stage for future VC investments.
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Bigger isn’t always better, especially when you’re an entrepreneur trying to raise just enough money to get your idea off the ground.

In the past, seeking smaller seed dollars — say, below the $3 million mark — from Greater Boston’s big name venture capital firms was a tough row. As firms grew and became loaded with larger sums of money to invest, it became harder for them to justify deals that were under $5 million. But recently, with the cost of starting certain technology centered businesses dropping, many VCs are singing a different tune, quietly handing out smaller rounds of cash as small as $75,000.

Boston Business Journal
by Jesse Noyes
Journal staff

Full Story: http://boston.bizjournals.com/boston/stories/2007/09/17/story3.html?b=1190001600^1520422