On Episode 5 of Start-up Junkies: Are you Watching it??
Posted on May 24, 2008
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The other day Keith sent me an DM on Twitter to let me know I needed to watch Start-up Junkies on Hulu. I watched my first episode on Thursday night…it’s Saturday morning and I’m on Episode 5.
It’s an excellent “show” to watch. Very motivational. The show is about a Seattle based startup called EarthClassMail. The story starts after the company has received their initial seed round of 2-3 Million, so you’ll see they already have quite a few employees, a nice office, and they are operationally setup.
They have a solid and proven management team in place and a powerful Board of Advisor. They have all the makings of what I successful startup needs to have.
However, you’ll see that it’s still not a walk in the park. The first two shows definitely give you a good taste of the struggles of fund raising. This is the fund raising for their Series A round.
Watching what Ron – the CEO, is going through and how all is time is spent on the fund raising is exactly what the madness of fund raising is like. And Ron is a guy who has raised money before and sold a few companies…goes to show it doesn’t matter who you are; fund raising is hard.
Ron ends up selling his plane and his huge beautiful house to pursue his new venture. After making it…he decided to put it all on the line again, hence the name Startup-up Junkies. It’s an addiction and you gotta have skin in the game.
If you’re an entrepreneur and watch this show, you’ll be fired up and excited. You’ll relate to what they are experiencing and you’ll be ready to jump in and be part of what’s happening.
When I’m done watching all the episodes I’ll give a little more of feedback on it.
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