This is just one example of wiki usage. What about starting all documents, or requirements gathering sessions in the wiki? Create a stub, send out the link and have everyone contribute, edit and discuss. Low email overhead, big collaboration factor. All the while you are creating that community fatcor.
Transcript of "Mark Kofman - Raising Money in Estonia"
raising money in Estonia. programeter.com story Mark Kofman, CEO, Programeter.com Phone: +372-517-8945, Skype: kofman Blog: http://toolsforsoftwareteams.wordpress.com Twitter: http://twitter.com/markkofman
I am Mark Kofman enterpreneur , 2 nd startup, business experience in 5 countries, software offshoring and outsourcing expertise
<ul><li>co-founder , together with Anton Litvinenko, of … </li></ul>
… actually not We have spent more effort on raising money than on product development and increasing value
… costs of raising money - cost of founder/month = 100KEEK - 1.2x12m. of founders time – 1,44MEEK - cash burned by company - 200KEEK - traveling expenses – 50KEEK 1,690,000EEK
step-by-step money-raising guide Applies to young founders of startups in Estonia. Tested on B2B startup
1-12m : bootstrap at-least 12 months 1-12m : meanwhile build-up network of investors, advisors 12-18m : start selling if you can 12m-18m : go for seed money – approach your network 18-24m : think twice before raising vc money in Tallinn... think again 18-24m : make product/service sales support your company daily expenses. 24-33m : secure yourself 6-9 months and talk to all VCs you can