A while back, I posted a blog post about the track record for the Louisville Venture Club. The results were not encouraging to new entrepreneurs. While, It’s not published anywhere, the total 2009 investment dollars number presented at the January 2010 Venture Club Luncheon was just over $20M. Mark Crane of GLI made it a point to state that he didn’t know about all of the deals in Louisville. He was positive that there were more deals but that he knew of most of them. I take “most” to mean at least half or more so let’s optimistically say Louisville VC totaled $40M in 2009. That’s not enough.
This post has been coming for a month or so now. I and EPI are no longer pursuing the idea of developing and producing Ages of Athiria. I'm sure there's quite a few people that will come out and tell me that they told me so. There's been plenty of naysayers along our journey over the past...
In my previous post on this topic , I discussed a curious email that I had received regarding investment in our company. About two weeks ago I received a second set of emails from this person. I have not responded to the emails because I still believe this was a scam but I promised an update. Here’s...
In November of 2009, I pitched our video game, Ages of Athiria , to the Louisville Venture Club at the venture club’s monthly meeting. What follows in this post is a transcript of an email conversation that seemed to come from a legitimate person willing to invest into our company. Needless to...
Kentucky Enterprise Fund (KEF) declined to invest in our project. I’ve known this for just over a week now and I was hoping to be able to post an update here with additional information from our other sources of funding. Unfortunately, it seems as if mother nature got in the way of communications...
As investment prospects go, I’m encouraged by what we’ve seen to date. I’ve spoken with a few investors and generally, those that take the time to listen to our pitch end up liking the concept and seeing the merits of the business plan. We’ve received our fair share of “No...
Lot’s of things have happened since I last wrote about our funding status. Two of them are important enough to warrant mentioning in this new post. The first is that the Vogt Award declined our application and elected to give their grants to other companies. I’m curious to find out which...
Lot’s to talk about. The November Louisville Venture Club presentation went well. We established a couple of good contacts that day and are working hard towards establishing additional contacts. I have more than a few people that I need to call or follow up with and that’s a good sign. About...
Well, I’m finally done with the practice pitches that I had to do for Louisville Venture Club and Greater Cincinnati Venture Association. Both of them went well though I think I did a better job with the Louisville Venture Club pitch because we secured a slot in the November meeting right there...
Apparently, we're not far enough along for the Indianapolis Venture Club . Fine. One of their investors didn't even have the guts to call me and tell me we were declined. They had a "coordinator" call me and all she could offer was that I answered one of the questions on how far along...