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	<title>Fuel Your Venture &#187; Interviews</title>
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		<title>Brian Wong: The Youngest VC Funded Entrepreneur</title>
		<link>http://www.fuelyourventure.com/brian-wong-the-youngest-vc-funded-entrepreneur/</link>
		<comments>http://www.fuelyourventure.com/brian-wong-the-youngest-vc-funded-entrepreneur/#comments</comments>
		<pubDate>Tue, 26 Apr 2011 14:00:29 +0000</pubDate>
		<dc:creator>Brendan O&#39;Neil</dc:creator>
				<category><![CDATA[Interviews]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[social]]></category>
		<category><![CDATA[venture capital]]></category>

		<guid isPermaLink="false">http://www.fuelyourventure.com/?p=616</guid>
		<description><![CDATA[You might agree that moving to Sillicon Valley, working for infamous social content sharing site Digg, and starting two companies is enough to set Canadian native Brian Wong apart from the crowd. Add the fact that at 20 years old, he&#8217;s one of the youngest entrepreneurs to secure venture capital, and you&#8217;ve peaked the interest of the entrepreneurial community at large.
When [...]<p><a href="http://www.fuelyourventure.com/brian-wong-the-youngest-vc-funded-entrepreneur/">Brian Wong: The Youngest VC Funded Entrepreneur</a> is a post from: <a href="http://www.fuelyourventure.com">Fuel Your Venture</a></p>
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			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-694" title="brianwong" src="http://www.fuelyourventure.com/files/brianwong.png" alt="brianwong" width="335" height="236" />You might agree that moving to Sillicon Valley, working for infamous social content sharing site Digg, and starting two companies is enough to set Canadian native Brian Wong apart from the crowd. Add the fact that at 20 years old, he&#8217;s one of the youngest entrepreneurs to secure venture capital, and you&#8217;ve peaked the interest of the entrepreneurial community at large.</p>
<p>When I asked Brian how he convinced investors to back his company at such a young age, a time when most enterprising minds don&#8217;t have the credibility to attract clients let alone backing, he chalked it up to building relationships.</p>
<p>Wong is quick to give credit to the mentors who have been instrumental in providing him with advice and introductions. He references Matt Van Horn, who recruited Wong to work at Digg, Chris Redlitz of startup accelerator Kicklabs, Eghosa Omoigui of Intel Capital and prolific venture capitalist Mark Suster.</p>
<p>The art of building the right relationships, says Wong, is all about hustling, and opening up once you get an introduction. Certainly not run of the mill advice in an industry where a cloak-and-daggers approach to new ventures is the norm.</p>
<p>Brian&#8217;s first venture was <a href="http://followformation.com/">Followformation</a>, a production of the company he started to offset the costs of his university degree. The service is a Twitter directory of sorts, making it easier for users to follow others by interest or location, and garnered a lot of attention when it launched in 2009.</p>
<p>Wong has since shifted focus to a new project: <a href="http://www.kiip.me">Kiip.me</a>, a mobile advertising platform for Android and iOS devices. It&#8217;s a novel twist on ad serving: get the user while they&#8217;re on an endorphin high after earning an achievement in a game, and offer them a real-world reward for it &#8212; perhaps a free product sample for killing a certain number of green pigs.</p>
<p>It&#8217;s for this project that Wong earned his title as the youngest entrepreneur to secure venture capital. He <a href="http://techcrunch.com/2010/08/03/true-ventures-invests-in-brian-wong-teenager-kiip/">takes the record from Automattic&#8217;s Matt Mullenweg</a>, who took funding from True Ventures &#8212; also one of Wong&#8217;s investors &#8212; at the age of 21.</p>
<p>Brian believes that mobile advertising is the <a href="http://blogs.wsj.com/marketbeat/2010/10/15/google-earnings-wrap-up-old-google-we-know-and-love/">next gold rush</a>, and that attacking it from a unique angle as Kiip.me does is a sure way to provide a return on investment for his venture capitalists. We&#8217;re watching with interest to see what Wong makes of his first funded venture and how it pans out for his investors.</p>
<p><em>Image Credit: screen capture from <a href="http://blog.kiip.me/post/4517317028/out-of-thin-air">this Kiip video</a>.</em></p>
<p><a href="http://www.fuelyourventure.com/brian-wong-the-youngest-vc-funded-entrepreneur/">Brian Wong: The Youngest VC Funded Entrepreneur</a> is a post from: <a href="http://www.fuelyourventure.com">Fuel Your Venture</a></p>
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		<title>Getting Started: How Wufoo Went from Concept to Launch</title>
		<link>http://www.fuelyourventure.com/getting-started-how-wufoo-went-from-concept-to-launch/</link>
		<comments>http://www.fuelyourventure.com/getting-started-how-wufoo-went-from-concept-to-launch/#comments</comments>
		<pubDate>Wed, 02 Jun 2010 13:42:07 +0000</pubDate>
		<dc:creator>Brian Burridge</dc:creator>
				<category><![CDATA[Incubators]]></category>
		<category><![CDATA[Interviews]]></category>
		<category><![CDATA[Start-Up]]></category>
		<category><![CDATA[Kevin Hale]]></category>
		<category><![CDATA[startups]]></category>
		<category><![CDATA[Wufoo]]></category>
		<category><![CDATA[Y Combinator]]></category>

		<guid isPermaLink="false">http://www.fuelyourventure.com/?p=421</guid>
		<description><![CDATA[
Do you have an idea for a great new web site or web service that helps solve a real problem or provides useful content or a helpful service? Do you want to move forward, but aren’t sure how to get started or if you even should? I discussed this question with Kevin Hale, co-founder of [...]<p><a href="http://www.fuelyourventure.com/getting-started-how-wufoo-went-from-concept-to-launch/">Getting Started: How Wufoo Went from Concept to Launch</a> is a post from: <a href="http://www.fuelyourventure.com">Fuel Your Venture</a></p>
]]></description>
			<content:encoded><![CDATA[<p style="text-align: center; "><img class="size-full wp-image-424 aligncenter" title="iStock_000008591755XSmall" src="http://www.fuelyourventure.com/files/iStock_000008591755XSmall.jpg" alt="iStock_000008591755XSmall" width="424" height="283" /></p>
<p><strong>Do you have an idea for a great new web site or web service that helps solve a real problem or provides useful content or a helpful service? Do you want to move forward, but aren’t sure how to get started or if you even should? I discussed this question with Kevin Hale, co-founder of Wufoo, and asked him to explain how Wufoo came up with their idea and how they went from idea to actual product.</strong></p>
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<p><img src="http://www.fuelyourventure.com/files/brian-avatar.png" alt="brian-avatar" title="brian-avatar" width="61" height="62" class="alignleft size-full wp-image-423" /><strong>Kevin, who was involved in the original idea for Wufoo and how did it come about?</strong></p>
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<p><img src="http://www.fuelyourventure.com/files/kevin-avatar.jpg" alt="kevin-avatar" title="kevin-avatar" width="61" height="62" class="alignleft size-full wp-image-425" />The company was founded by Chris and Ryan Campbell and myself. In 2003, I was doing some writing and design for a small division at a research university when I met Chris, who was doing some web application development there. Chris introduced me to his brother, Ryan, who at the time was still a student and writing all the database programming examples for his professor’s computer science textbook. For about a year, we talked constantly about how frustrating it was to build these really boring forms and databases for our employers, who failed to appreciate how much tedious work was involved just to create something simple as a contact form or an online survey.</p>
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<p>I think we can all relate to similar frustrations we encounter in our jobs, and many times, though we think of helpful solutions, it’s difficult to get past just talking about it, and actually get started on building something.</p>
<p>How long did it take between when you had the idea until you began to take action on it and how much decision making went into deciding it was a good enough idea to proceed?</p>
<p></strong>
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<p>While we thought about the idea around 2005, we didn’t start writing the first lines of code until after we got accepted into Y Combinator in January 2006. We knew right away that it was a good idea, the trick was figuring out how to architect our time to give us the opportunity to just sit down, focus and build a prototype. While we started off on the bootstrapping route, it wasn’t until we got funding that we were able to work on it full time.</p>
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<p>Many startup teams find themselves in the situation where they work a full time job while trying to build the startup, and they also have to bootstrap it as well. Do you have any advice to startup teams in this position?</p>
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<p>Successful bootstrapping is all about discipline and stamina. Every scenario I’ve ever heard is some variation of coming home exhausted from regular work and figuring out how to muster additional energy to do more work. There’s no secrets from what I can remember from our own experience and from what I’ve seen others try. It pretty much sucks. Especially if you like anything else interesting in your life…like family, friends, hobbies, relationships, etc. My advice is that you remember your motivations and do what you can to stay positive. I honestly believe that if you figure out how to dedicate a solid few hours of work every single night to your side project, there’s no way it doesn’t manifest into something. It might not go exactly as planned, but something always happens. Oh, and document everything. People are voracious for the products of productive people. There is some wild fascination by all of humanity about those moments that show how things happen behind the scenes. That knowledge and more specifically that kind of sharing attracts not just an audience but potential fans—people with an intimate understanding of your process, justifications and roots. That’s invaluable.</p>
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<p>What were the first steps of action you took once you decided you wanted to build Wufoo?</p>
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<p>On the steps of the Austin Convention Center at SXSW Interactive 2005, all three of us were talking after a day of panels and we decided that there was absolutely nothing separating us from any other successful person at the conference. That’s when we decided to start a blog and that lead to a magazine that we charged for, to help us moonlight program at nights. Eventually, we got inspired, scored some seed funding through Y Combinator and built something that liberated us from the land of the cubicles.</p>
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<p>It sounds like the first thing you had was confidence, which is something I find lacking in a lot of individuals who wish they could build a product or a service, but don’t feel they have what it takes. And yet, as you said, there really is very little in skills and experience that separate those who succeed from those who never start, other than the commitment to do so.</p>
<p>You said you decided to start a blog first. Was that in order to build credibility, an audience, something else? How long did you run the blog before starting to build Wufoo?</p>
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<p>All of the above. It’s not even our formula. We heard this strategy for the first time from Jason Fried of 37signals fame at a session at SXSW many years ago on doing big things with small teams. They started their relationships with their users with their blog Signal vs Noise long before they built Basecamp and we all know how that story is going (hint: well!). Anyway, we ran Particletree for about a year before we got into Y Combinator.</p>
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<p>I know from experience that sometimes the most difficult part of getting started with an idea is choosing the name and the url for it, and some teams also have to decide what platform to build it on. At what point in the process did you choose the name and the url, and decide on the technology platform?</p>
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<p>The name came up some time after a few weeks of coding. One of the people accepted into Y Combinator at the time was Beau Hartshorne, the creator of instantdomainsearch.com. He did all this crazy algorithmic domain name availability matching system and was able to give us a list of 5 letter domain names that were still available. We all went through the list and Wufoo just jumped out at me. I really liked it because it was a combo of two bands I really liked : Wu-Tang Clan and Foo Fighters. I kept saying over and over and eventually it stuck. The platform was based on what we knew well at the time from working on Particletree, our web development experiments blog at the time.</p>
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<p><strong>When during the process did you bring on other members to the team or involve other people to help you build a product ready for launch?</strong></p>
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<p>So we started writing the first lines of code in January 2006 and we launched later that summer in July of 2006. It was still just the founders then doing all the development. We did, at the time, outsource our server management to a boutique company based in San Francisco at the time called Bitpusher. They handled all of our infrastructure, hardware and networking needs since that wasn’t our strong suit. Because we were (and still are) a small team that desired to stay a small team, we didn’t hire for almost two years.</p>
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<p>What are the advantages of staying small? What would you say to Founders and CEOs who want to hire a large team right away in order to speed toward the final product?</p>
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<p>Honestly, best of luck to you. And I mean it. I don’t believe in the idea that there’s only one correct way to build a company. Companies that make a lot of revenue tend to be big companies. So if you want to make gobs of money, there’s a pretty strong correlation there. A few things that we like about staying small is the discipline it places on everyone to make the most of our resources to serve a large and growing audience of users, the very intimate and positive culture we’ve been able to develop that we’re very proud of, and because we are a company that offers a profit sharing plan with employees, the math works out in our favor if we keep it small.</p>
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<p>Did the original idea go through many changes from what we see today?</p>
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<p>The initial vision of Wufoo was actually as an ASP content manager with the ability to allow for unlimited inputs and reversible forms, which means they could be used for both backend management and public submission. Basically, the worst elevator pitch ever described. As we wised up, ASP turned into PHP and we tried to narrow our focus to form building.</p>
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<p>What forces helped you to ‘wise up’? Was it bouncing your ideas off of others, or just you zeroing in on it as it came together?</p>
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<p>Well, PHP was open source and therefore free and for a startup that’s a big thing. Plus, they have a great community that’s easily accessible and so that was also part of the calculations over a language like .NET.</p>
<p>The form building angle actually came from Paul Graham, one of our investors who serves as one of the partners over at Y Combinator. What we kept describing required a lot of words and that’s terrible in a pitch situation. Since our focus was creating a UI to design the front end easier while we magically take care of the backend, it just made sense to distill it down to what makes sense from the user perspective. Content Managers, Database Application Creators, Spreadsheets and Form Builders are really all variations of the exact same concept and principles. How you choose to describe yourself is really a marketing angle and at that time, the space was ripe for something new in that category.</p>
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<p>When and how did you decide on which features were necessary for the initial launch?</p>
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<p>In the beginning we started off with this giant grocery list of all the features we could ever think could go into Wufoo. Fortunately, we had a very real deadline created by Y Combinator that required us to have some sort of working prototype to show off to a room full of investors in three months and so that kind of constraint resulted in us removing almost 50% of the features on that initial list right away. The next deadline we made for ourselves came out of wanting to give an exclusive to TechCrunch on launch on July 5, 2006. To reach that date, we paired down our ideas to the most basic things we could think of to get a user going from build form, view entries, edit entries, design styles and create reports. That came out to something like 30 features I think. That said, we weren’t super specific and were still over zealous about our ambitions and skills and so we actually had features on that initial 30 that we didn’t finish until just this year (4 years later!).</p>
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<p>I think its very difficult for us founders when we are passionate about providing a solution to a problem to stay focused on the essentials. You mention that a hard deadline helped you stay focused and that reminds me of building PeepNote for the Rails Rumble. We had a very real deadline of 48 hrs from when we started, and throughout that time we continued to drop features that weren’t as important. We were very aware that some product had to be launched by the end or we were out. I think deadlines like this can really help teams focus, but, not everyone is competing in a competition as we were, or given a deadline by investors as you were. Do you have any suggestions for startup teams who don’t have an externally forced deadline, but still need to resist the urge to add endless features, and take far too long to deliver a product?</p>
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<p>You’re right, constraints in the form of deadlines really help people focus their energies down to the essentials. Not much advice to give if you’re having trouble with feature creep. Most people have some sort of ticking clock in place that’s usually tied to funds if not an event in time like meeting with a room full of investors. For people worried about cutting out too many features, I feel like you can always cut something down to one really well-executed feature. Many software ideas starts as such an embryo. I also don’t believe that software is ever truly “done” and so you can always take solace in the fact that users will always ask for more features and give you opportunities to expand upon your creation. I honestly believe waiting for the big launch is a silly idea especially in this age on the web. The life of your app only just begins when your users can have at it. To me, everything before that is just posturing and guesses.</p>
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<p>What advice would you give to someone who has an idea and has decided they are willing to commit to staying with it and put in the needed time to make it happen. What are the most important next steps to take after the idea is there? What shouldn’t they do right away that maybe you see people get distracted by in the beginning?</p>
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<p>Get it out there to real users. Critiques from other designers and developers are rarely accurate or helpful and so I think that desire to refine before launch is over expressed in most founders. If you’re planning to make money off the app directly (like with a freemium model) I highly recommend having that ready to go and out there with prices right at launch. There’s this great advice from Joe Kraus, the guy behind Excite and JotSpot, who emphasizes that you have to beta test your business model along with your software.</p>
<p>What I don’t think people need to worry about a lot in the beginning is speculation. Lots of arguments happen in the beginning of most startups based on postulations, hypotheses and predictions. I find those discussions usually lead to wasted energy arguing about possibilities that can’t be proven at the time. I definitely prefer to worry about decisions based on realities and can end with some kind of action item that will lead to an answer. I think what you have to realize is that arguments like those arise out of a lack of information and when you can get to the point where you can use data and revenue to make decisions about direction and focus, those discussions are so much less stressful. I’m always recommending people staying away from the future and keeping themselves in the present by making sure that what they work on is accompanied with measurement and observation. This way, when questions about the future come up, they can extrapolate instead of postulate.</p>
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<p>Great suggestions Kevin. Thank you for sharing your experience with us. The Internet startup community seems to be corner-stoned by some really helpful individuals, who truly want others to succeed and are willing to share their experience and lessons learned. I think that in the end, this helps others reach their dreams and accomplish their goals, and helps grow the Internet startup community to even larger numbers. Thanks for your time.</p>
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<p style="text-align: center; "><a href="http://wufoo.com"><img class="size-full wp-image-426 aligncenter" title="Wufoo" src="http://www.fuelyourventure.com/files/Wufoo.png" alt="Wufoo" width="509" height="155" /></a></p>
<p><img src="http://www.fuelyourventure.com/files/kevin-avatar.jpg" alt="kevin-avatar" title="kevin-avatar" width="61" height="62" class="alignleft size-full wp-image-425" />
<p><em>Kevin Hale is the Co-founder of Infinity Box Inc, a <a href="http://ycombinator.com/">Y Combinator</a> seeded company. His responsibilities include safe guarding and designing the user experience of their online HTML form builder, <a href="http://wufoo.com">Wufoo</a>, which was ranked by Jakob Nielson as one of the best application UIs of 2008. He also writes about interface design issues for the web development blog, Particletree and served as Editor-in-Chief of the web development magazine, Treehouse.</em></p>
<p><a href="http://www.fuelyourventure.com/getting-started-how-wufoo-went-from-concept-to-launch/">Getting Started: How Wufoo Went from Concept to Launch</a> is a post from: <a href="http://www.fuelyourventure.com">Fuel Your Venture</a></p>
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		<title>Getting Funded: An Interview with Graphic.ly Co-Founder, Micah Baldwin</title>
		<link>http://www.fuelyourventure.com/getting-funded-an-interview-with-graphic-ly-founder-kevin-mann/</link>
		<comments>http://www.fuelyourventure.com/getting-funded-an-interview-with-graphic-ly-founder-kevin-mann/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 06:01:48 +0000</pubDate>
		<dc:creator>Matthew Ellis</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Interviews]]></category>
		<category><![CDATA[Start-Up]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[startups]]></category>

		<guid isPermaLink="false">http://www.fuelyourventure.com/?p=30</guid>
		<description><![CDATA[Graphic.ly was conceived by comic lover, Kevin Mann, after becoming frustrated with the lack of selection at his local comic shop. In August 2009, the company attended Techstars and won seed investment of $18,000 and brought Micah Baldwin on board as CEO and Co-Founder.
5 months later, they successfully raised $1.2 million in Series A funding [...]<p><a href="http://www.fuelyourventure.com/getting-funded-an-interview-with-graphic-ly-founder-kevin-mann/">Getting Funded: An Interview with Graphic.ly Co-Founder, Micah Baldwin</a> is a post from: <a href="http://www.fuelyourventure.com">Fuel Your Venture</a></p>
]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;"><img class="alignleft" title="Micah Baldwin" src="../files/micahbaldwin.jpg" alt="Micah Baldwin" width="250" height="250" />Graphic.ly was conceived by comic lover, Kevin Mann, after becoming frustrated with the lack of selection at his local comic shop. In August 2009, the company attended Techstars and won seed investment of $18,000 and brought Micah Baldwin on board as CEO and Co-Founder.</p>
<p style="text-align: left;">5 months later, they successfully raised $1.2 million in Series A funding which was led by <span style="color: #ff0000;"><a id="uv2t" title="DFJ Mercury" href="http://www.dfjmercury.com/">DFJ Mercury</a></span> and included various individual investments from the likes of David Cohen and Chris Sacca. I was fortunate to have a chance to chat with Micah and he was kind enough to share some of the details that led to their success and how it could be replicated.</p>
<p style="text-align: left;"><strong><br />
Firstly, you managed to raise $18,000 of seed capital at Techstars, how important was that to Graphic.ly as a startup?</strong></p>
<blockquote style="text-align: left;"><p><span style="color: #ff0000;"><a id="ujf0" title="Techstars" href="http://www.techstars.org/">Techstars</a></span> was invaluable to <span style="color: #ff0000;"><a id="lz6r" title="Graphic.ly" href="http://www.graphic.ly/">Graphic.ly</a></span>. Kevin Mann, who had been working on this idea for a year or so, saw Techstars as his way to take the company to the next level. Kevin came to Boulder, CO from Middlesbrough, UK with his friend and lead developer. Then, and over the course of the summer, he met many new mentors, including myself.</p>
<p>Techstars enabled Kevin to accelerate his business in ways that he would not have been able to do on his own.</p></blockquote>
<p style="text-align: left;"><em> </em></p>
<p style="text-align: left;"><strong>Just 5 months later, you succeeded in getting investment from a round of Series A funding, how will the $1.2million help you as a business?<br />
</strong></p>
<blockquote style="text-align: left;"><p>For us, we were able to expand the team quickly, bringing in top talent on both sides of the ocean. In a little over a month, we launched a Windows Beta, were part of Steve Ballmer&#8217;s CES keynote, launched a Adobe AIR beta, and an iPhone app. We opened a private beta, and created some interesting partnerships. The funding was able to help accelerate that growth.</p></blockquote>
<p style="text-align: center;"><a href="http://www.fuelyourventure.com/files/graphicly_app_screenshot.jpg" target="_blank"><img class="size-full wp-image-64 aligncenter" title="appscreenshotthumb" src="http://www.fuelyourventure.com/files/appscreenshotthumb.jpg" alt="appscreenshotthumb" width="400" height="288" /></a></p>
<p style="text-align: left;"><strong>What are the plans for Graphic.ly in the near future &#8211; 1 year, 3 years?</strong><em> </em></p>
<blockquote style="text-align: left;"><p>Besides providing the best digital platform for comic book  publishers, creators and readers? We are focused on just that. What will  that mean in 1 year or 3 years? That we will spend a lot of time  learning from our community about what its requirements are. We have  already learned that the comics community is not a monolith of a certain  type of user. Comics are reflected in everyone, and so we are focused  on creating the best experience that everyone can enjoy.</p>
<p>That being said, my three year plan is to help creators and publishers understand the potential of the digital platform and truly maximize their efforts. The digital space allows for so many interesting applications of a creators work, I truly believe that creators who dive into digital and embrace the potential, will experience amazing success.</p></blockquote>
<div style="text-align: left;">
<p style="text-align: center;"><a href="http://www.fuelyourventure.com/files/www.graphic.ly-screen-capture-2010-2-9-12-16-2.png" target="_blank"><img class="size-full wp-image-67 aligncenter" title="Graphic.ly Site Screenshot Thumbnail" src="http://www.fuelyourventure.com/files/sitescreenshotthumb.jpg" alt="Graphic.ly Site Screenshot Thumbnail" width="400" height="288" /></a></p>
<p><strong>What&#8217;s the most effective way of making fairly-accurate financial projections to prospective investors at such an early stage?</strong><em> </em></p>
<blockquote><p>Accurate? Well, thats probably impossible. The truth is that any financial projections you provide are most likely suspect at best, complete misses at worst. Whats important is to show that you have thought about the process. What are your potential revenue streams? How are you going to prioritize them? How do you integrate your financial goals with your business and technological goals? Make sure you are looking at a three year period and make sure your numbers see a sharp increase at some point in year two.</p>
<p>But mostly, just understand all the potential ways you can make money, and think about how you are best going to attack them. Then create a chart. Maybe two. (I like a chart that outlines revenue projections and another one that outlines revenue sources).</p></blockquote>
<p style="text-align: center;"><a href="../files/takecomics2_5F00_38F9FBF8.jpg" target="_blank"><img class="aligncenter" title="Graphic.ly  iPhone App Screenshot Thumbail" src="../files/iphonescreenshotthumbail.jpg" alt="Graphic.ly iPhone App Screenshot Thumbail" width="400" height="288" /></a></p>
<p><strong>What other advice would you have to budding entrepreneurs about getting seed investment for their startup?</strong></p>
<blockquote><p>There is a certain allure to raising capital. A young entrepreneur needs to evaluate the needs of their business, especially where in the life cycle the business stands. The longer one can go without seeking institutional funding, the more of the company they will retain, and the more value the company will create.</p>
<p>That being said, there is always a point in the growth of a business where the application of financing is like the addition of kerosene to a small fire. If you time it right, you can use the funding to accelerate the business in ways that a self-funded company just can’t do.</p>
<p>The best advice I can give around getting funding is to research, research, research. Find the firms and partners that are interesting. Then ask, ask, ask. Find everyone you know who might know someone either at that firm or connected to the firm, and with a succinct, well thought out email, ask to be introduced.</p>
<p>Once you get the meeting, make sure to have a solid pitch deck. It should explain the problem you are attempting to solve, why you have the best solution, why you are the best to solve it, and how the investors can see a return on their investment. Use the deck to drive the conversation, but don’t rely on the deck to make the conversation.<em><br />
</em></p></blockquote>
<p>You can follow <a id="f.jp" title="Graphic.ly on Twitter" href="http://twitter.com/graphicly">Graphic.ly on Twitter</a> along with <a id="z5:k" title="Micah Baldwin" href="http://twitter.com/micah">Micah Baldwin</a> and <a id="dqrk" title="Kevin Mann" href="http://twitter.com/kevinmann">Kevin Mann</a>. Micah also recommended reading a post on his blog about his fundraising efforts, it&#8217;s in-depth, well worth the read and can be found <a id="o-sc" title="here" href="http://learntoduck.com/startups/your-job">here</a>. Thanks to Micah for his time and I wish Graphic.ly every success in the future.</p>
<address><em>Thanks to <a href="http://blog.reflect7.com/" target="_blank">Reflect7</a> &amp; <a href="http://windowsteamblog.com" target="_blank">The Windows Blog</a></em> <em>for images</em>.<br />
</address>
</div>
<p><a href="http://www.fuelyourventure.com/getting-funded-an-interview-with-graphic-ly-founder-kevin-mann/">Getting Funded: An Interview with Graphic.ly Co-Founder, Micah Baldwin</a> is a post from: <a href="http://www.fuelyourventure.com">Fuel Your Venture</a></p>
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