I ♥ Venture Capital.

ArticStartup – 10 Mistakes Entrepreneurs Often Make When Raising Capital

Posted: January 3rd, 2010 | Author: Chim | Filed under: Education, Entrepreneurship, Venture Capital | Tags: , , , , | No Comments »

This is very helpful for my New Venture Project timeline.

Capital Raising Timeline

Quick summary:

  1. Trying to raise money too late
  2. Trying to raise money too early
  3. Lacking a realistic assessment of the companys’ value
  4. Not building enough substance before approaching investors
  5. Not splitting the message into smaller chunks
  6. Preparing poor pitch material
  7. Pitching to the wrong investors
  8. Not pitching at all
  9. Getting too greedy
  10. Not willing to share risk

Read the whole post at Arctic Startup via 10 Mistakes Entrepreneurs Often Make When Raising Capital.


Canada’s Venture Capital Firms – January 2010

Posted: January 2nd, 2010 | Author: Chim | Filed under: Venture Capital | Tags: | No Comments »

January update 2010. HAPPY NEW YEAR!!!

Little start = A must see.

Little VC = A firm dedicated mostly in early stage companies.

= Firm that invested in any startup in the last 3 months (from September 09). You can click the icon to see the news related to the investment.

= Firm that received fund or selected to participate or manage a province venture capital fund in the last 2 months. You can click the icon to see the news.

money_pile = Firm that sold or IPO a company in the last 3 months (from September 09).


VC firms only

Anges Québec Little VC
AVAC Ltd.Little VC
Avrio Ventures Management Corp.Little VCmoney_pile
Blackberry Partner FundLittle VC
Bootup Labs Little VC NEW INCLUSION!
Brightspark CapitalLittle VC
Business Development Bank of Canada (BDC) Venture CapitalLittle VC
Canadian Medical Discoveries Fund Inc.Little VC
CAPE Fund/Fonds CAPELittle VC
Celtic House Venture PartnersLittle VC
CentreStone Ventures Inc.Little VC
Covington Capital CorporationLittle VC
Desjardins Capital de risqueLittle VC
Discovery Capital Management Corp.Little VC
Elgner Group Investments Ltd.Little VC
Emerald Technology VenturesLittle VC
Fond de Solidarité FTQLittle VC
Foragen TechnologiesLittle VC
Flow Ventures Little VC NEW INCLUSION!
Genesys Capital PartnersLittle VC
GreenstoneLittle VC
GrowthWorksLittle VC
GTI CapitalLittle VC
Hargan VenturesLittle VC
ID Capital Management Inc.Little VC
InNOVAcorp – HalifaxLittle VC
Innovatech QuébecLittle VC
iNovia Capital Inc.Little VC
Investeco Capital Corp.Little VC
J.L. Albright Venture Partners (JLA)Little VC
Jefferson Partners Little VC
JOG Capital Inc.Little VC
Lumira CapitalLittle VC
McLean Watson Capital Inc.Little VC
Mercator Investments LimitedLittle VC
Montréal Startup Little VC
MMV Financial Inc.Little VC
Multiple Capital Inc.Little VC
New Brunswick Innovation FoundationLittle VC
Novacap Little VC
Ontario Venture Capital Fund (OVCF) Little VC
Propulsion Ventures IncLittle VC
Rogers Ventures Little VC
RBC Venture PartnersLittle VC
Renewal2 Investment FundLittle VC
RHO Venture Capital Little VC
SAINT – Saskatchewan Angel Investor NetworkLittle VC
Skypoint Capital CorporationLittle VC
Springbank TechVenturesLittle VC
Société Innovatech QuébecLittle VC
Summerhill Venture PartnersLittle VC
Tandem CapitalLittle VC
Tech Capital Partners Inc.Little VC
TELUS VenturesLittle VC
Trellis Capital CorporationLittle VC
VanEdge CapitalLittle VC
Venture CoachesLittle VC money_pile money_pile
Ventures West Capital Ltd.Little VC money_pile
Walsingham FundLittle VC
WesleyCloverLittle VC
Yaletown Venture PartnersLittle VC


Canadian Innovation Exchange – Top 20 in Gallery view

Posted: December 22nd, 2009 | Author: Chim | Filed under: Education, Entrepreneurship, Food for thoughts, Startups, Venture Capital, Web 2.0 | Tags: , , , , , , | No Comments »


Another Great Startable Tip: Making a great business plan pitch

Posted: December 20th, 2009 | Author: Chim | Filed under: Education, Entrepreneurship, Framework, Startups, Venture Capital | Tags: , , , , | No Comments »

I should be studying for my final exams, but I couldn’t resist reading posts from Startable. This time, they are sharing a neat and simple framwork to make a great business plan pitch. After reading it, it actually gives us tips to how to write and organize a business plan. I was very interested in the marketing part where it gives an idea of what VCs are looking for marketing data in the business plan.

Quick summary of the post:

  1. Passion - training and training will lead to a passionate pitch.
  2. Simple, Short and Concise - grab your audience attention in less than 10 minutes.
  3. Pictures are worth a thousand words – avoid putting all your business plan in one slide, use images instead.
  4. Convey what your business is in 90 seconds – tell your audience what you are offering to the market in 90 seconds.
  5. Keep text in a slide to no more than three lines – don’t put all business plan in one slide!
  6. Target market and market size – who you are selling to?
  7. Marketing - how are you going to sell to those people?
  8. Competition – list 3 competitors and why you are better then them and barriers to entry.
  9. Product - what makes your product unique? Any IP?
  10. Revenue potential – project and assume with pride, don’t be over consevative nor creative.
  11. Costs - identify cost and provide scalability savings.
  12. Team - why your team is the best to run the business?
Read the whole post at Startable via Making a great business plan pitch.


InterClick, the “Pure-Play” Ad Network Raises $18.1 Million (ICLK)

Posted: December 17th, 2009 | Author: Chim | Filed under: Finance, Startups, Tools, Venture Capital | Tags: , , , , , , | No Comments »

InterClick is a company that provides traditional approach of supply chain methodology into optimization of ROI over advertising spending. I’m writing this post because I’m so impress that the market has so much appetite for advertising systems and tools and ad networks.

Traditional approach to online marketing

Traditional approach to online marketing

Basically, it treats publishers and ad inventory from ad networks as suppliers and the demand is generated from advertisers’ needs. interClick than provides a system that control, monitor, and optimize the ad spending.

It raised $18 million! It is not clear how different this system is from other well established players, such as Doubleclick, Atlas, etc. Most of this one-stop platform monitoring systems are also ad servers. The integration of ad server is an important technical aspect of the monitoring and optimization process of online marketing campaign.

The ad server provides the user, ad and result tracking. It tells us about where the ad was clicked and if that ad generated a sales or not. Most monitoring systems use those data and provides meaningful reports and some of them provide tools to manage campaigns more effective.

I’m not sure how if there’s a space for one more player.

InterClick Website

InterClick Website

From Silicon Alley Insider:

via Nasdaq’s Only “Pure-Play” Ad Network Raises $18.1 Million (ICLK).