Back in October we wrote about Baydin, a startup that managed to land some of its seed funding with some very unusual tactics: by giving Dave McClure a ride to his mechanic and pitching him along the way.
McClure committed to invest by the end of the ride — and the startup has been working to close other investors (though more traditional means, presumably) since then. Today, it’s announcing… → Read More
Prashant Gulati says that TechCrunch should be banned in the Middle East. That’s not because he isn’t a big fan of the site, but because he says it “puts some naïve and green young ones at a disadvantage”. The Dubai-based technologist and angel investor funded a startup recently. Soon after he made the investment, he learned that the majority of the money had been withdrawn from the bank. → Read More
There is a very excited startup out there called Baydin that is about to close its first angel round of financing. One of the investors, at least, is Dave McClure’s 500 Startups.
How did they get McClure to invest? By giving him a ride from a meeting to his mechanic.
Then, my girlfriend noticed Dave’s tweet that said he was looking for a ride to his mechanic. Anyone who picked him up could… → Read More
Editor’s note: The following report comes from Don Dodge, who blogs at Don Dodge on The Next Big Thing and is a business development executive for Microsoft. TechStars is a startup accelerator program that selects about ten companies and provides funding of $18,000 per team, as well as free office space, operational support, and mentoring from top investors, entrepreneurs and business leaders. → Read More
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