Jeff Pulver on Business Models.

Jeff’s observations after listening to startup pitches from the Boulder 2 Startupweekend. (click on the link for the full story.)

Beware of Business Models: They can drain the Creative Energy of ANY Startup: “

When meeting with an early-stage startup looking for funding, if I am interested in the company, I look to connect with the founders and find out the inspiration behind the company they are creating. I try to understand the problem they are solving and the opportunity they are seeing. I also look to see how as a team they get along, work off each other and I try to get a feel of their creative energies. I look for teams where each member is watching each other’s back and a core team whom I feel will be together for the long term. I look for people who are both smart and creative who can be focused when necessary and whose personality allow themselves to be open to change directions and re-map themselves when needed. I invest in people first and ideas second. I am not a fan of structure but I appreciate the need for it…sometimes.

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