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Why smaller seed rounds make sense and how to use this to your advantage.
14

Venturing Past The Recession at the Atlanta Botanical Gardens

Nov 01, 2014

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Business

Sanjay Parekh

A short presentation I did during an event at the Atlanta Botanical Garden.
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Transcript
Page 1: Venturing Past The Recession at the Atlanta Botanical Gardens

Why smaller seed

rounds make sense

and how to use this

to your advantage.

Page 2: Venturing Past The Recession at the Atlanta Botanical Gardens

Big money

is getting more scarce.

Page 3: Venturing Past The Recession at the Atlanta Botanical Gardens
Page 4: Venturing Past The Recession at the Atlanta Botanical Gardens

Development costs

have dropped.

Page 5: Venturing Past The Recession at the Atlanta Botanical Gardens

Storage Costs1980 $19,300.00/GB

1990 $9,000.00/GB

2000 $17.00/GB

2004 $1.50/GB

NOW

$0.10/GB or

$0.15/GB per month

Page 6: Venturing Past The Recession at the Atlanta Botanical Gardens

Do more

with less.

Page 7: Venturing Past The Recession at the Atlanta Botanical Gardens
Page 8: Venturing Past The Recession at the Atlanta Botanical Gardens

Spend money

on the important.

Page 9: Venturing Past The Recession at the Atlanta Botanical Gardens
Page 10: Venturing Past The Recession at the Atlanta Botanical Gardens

Don’t spend money

on the unimportant.

Page 11: Venturing Past The Recession at the Atlanta Botanical Gardens
Page 12: Venturing Past The Recession at the Atlanta Botanical Gardens

Avoid money that

will kill your startup.

Page 13: Venturing Past The Recession at the Atlanta Botanical Gardens
Page 14: Venturing Past The Recession at the Atlanta Botanical Gardens

Just remember,profitability = freedom