Got a Web 2.0 Idea? Need a Partner?
September 29, 2005
I had lunch with a lawyer/investor/angel who has an idea for a Web 2.0 application/business and he asked me how we could work together. This blog is dedicated to "Web 2.0 initiatives in North Texas" so I thought it might be a great time to let everyone know how we might work together to create initiatives ourselves.
Most of the people who approach M | Ventures usually lack money, resources and/or time. We can easily provide the various resources that you would need to get your idea off the ground whether you need programmers, consulting, equipment, bandwidth, servers, office space, phones or perhaps a little capital. But that is not really the most interesting aspect of the ‘help’ we can provide; the most interesting/useful things are:
- Partners who are spending day and night playing with the Web 2.0
- Partners who are talking to most of the movers and shakers in the space
- Partners who have been there and done that before
The lawyer/investor/angel has plenty of resources, including more capital than we have. He assumed he just needed some Web 2.0 programming talent, perhaps someone with Ruby and Ajax developers. He suggested that he might hire us to develop his ideas into software for a fee. At the end of the day anyone can hire coders with Web 2.0 skills, but we believe that what we offer is far more valuable than a few coders - we believe that we can help create great businesses.
What is our standard deal? Assuming we like your project we will help you develop, launch, and grow your idea into a business. In most cases we simply split everything 50/50. How can you get our idea to us? Just blog about it and tag it with Delicious with the tag "mvenidea". If you are wondering if we are going to work with the lawyer/investor/angel I will let you know if he decides to take us up on our offer…
