VC interest in my startup, Radar Networks has suddenly ignited in the last two weeks. We were planning to wait before shopping our deal, but I guess the app speaks for itself. VC’s have been coming over pretty much non-stop this week. I don’t know who is telling them about us. But anyway, if you are one of the VC’s I know, please don’t be offended that you haven’t heard from me yet — we have not formally started our B round yet.
Here’s a funny story from today: One top Valley VC fund whose senior partner really "gets" the Web 3.0 opportunity sent one of his top associates to meet with us. After our demo, just as he was leaving, this associate tricked me into playing an impromptu match on our fusbol table. The catch: each goal in the game was worth a million dollars in pre-money valuation!!! I won’t say who it is yet or what fund he’s from (but I’ll tell you if we end up doing a deal with them). It turns out this guy is pretty frikkin good at fusbol. He might be the fusbol equivalent of Paul Newman in the movie, "The Hustler." I should have picked up on this when he casually commented that he liked the brand of our table before the game. Duh! I mean he knows about fusbol table brands — who knows that??? (Fortunately, for the purposes of the game, I set our pre-money valuation high enough to allow for some major cushion). Anyway we are going to have a rematch, maybe several. But first I have to do some serious practice. Maybe I should speak to my friend Barney Pell and get some tips for my game? I think he must be a fusbol pro. Ha ha!