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Linking Startups to VCs – Go Big Network

A networking site Go Big Network http://www.gobignetwork.com/HelpFiles/terms.aspx seeks to give entrepreneurs access to their most coveted resource—venture capital
October 3, 2005 Print Issue

Business and friendship shouldn’t mix, say the old wives.

But business and friend-of-friendships? That magic combo made Silicon Valley what it is today.

Investing in early-stage companies is a game of gut feelings, so venture capitalists use personal recommendations to sift through high-risk ventures. Their inboxes and voice mailboxes overflow with business plans and pitches

“The way it really works is, they usually only get five minutes of attention, if that,” says Larry Orr of Trinity Ventures. “We use the quality of the referrer as a barometer.”

Full Story: http://www.redherring.com/Article.aspx?a=13961&hed=Linking%26nbsp%3bStartups+to+VCs

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