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Business of Engineering
Forum Investors, How to Find Them?
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Investors, How to Find Them?

Former Member
Former Member over 10 years ago

Does anybody have experience with finding and getting investments?

 

I've completed a build, based around the RPi B+, that I want to take to production eventually. It's still in early prototyping phase, and currently at a point where I can't improve on it any further without an outside investment.

 

Advice? Experience?

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Top Replies

  • michaelkellett
    michaelkellett over 10 years ago +3
    It's extremely difficult. Watch Dragons' Den - it's not entirely realistic but gives you an idea of the sort of thing people are looking for and will ask you. The key thing is that an investor wants to…
  • nlarson
    nlarson over 10 years ago +1
    Was thinking this would be a great question/topic over in the Business of Engineering group too! Maybe the folks there have some insight?
  • Instructorman
    Instructorman over 9 years ago +1
    I stumbled upon this thread accidentally and rather late in the game, but I can offer a few insights. My experience is from the Canadian polytechnic perspective, so it may not be applicable in your context…
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  • Former Member
    0 Former Member over 10 years ago

    *Bump*

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  • nlarson
    0 nlarson over 10 years ago in reply to Former Member

    jamesbenson any insights for matttuck?

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  • jamesbenson
    0 jamesbenson over 10 years ago in reply to nlarson

    Sometimes I work with startups before they find their funding where we get food or drink and chat about what's possible, what to expect in terms of time/money on product development, etc... Although I wouldn't be so bold as to say that I know anything about getting money. My work with companies heats up once they have the money and need to spend it.

     

    Although I can make a few suggestions from places that my clients seem to hang out, which may help you talk to the person who will give you better advice:

    1. Angel investor groups
    2. Entrepreneurial events which can be found on www.meetup.com
    3. Your local government's economic development office or commerce center

    Raising money is similar to product development in that finding a solution that 'works' is a difficult, non-linear process. Good luck!

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  • jamesbenson
    0 jamesbenson over 10 years ago in reply to nlarson

    Sometimes I work with startups before they find their funding where we get food or drink and chat about what's possible, what to expect in terms of time/money on product development, etc... Although I wouldn't be so bold as to say that I know anything about getting money. My work with companies heats up once they have the money and need to spend it.

     

    Although I can make a few suggestions from places that my clients seem to hang out, which may help you talk to the person who will give you better advice:

    1. Angel investor groups
    2. Entrepreneurial events which can be found on www.meetup.com
    3. Your local government's economic development office or commerce center

    Raising money is similar to product development in that finding a solution that 'works' is a difficult, non-linear process. Good luck!

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