Business Opportunities Weblog

Fast Capital without Venture Capitalists

By on May 27, 2004 in Ideas

Wikipedia: “TextDrive is a managed webhosting company created by Dean Allen (creator of Textpattern, a weblog/content management system) and Jason Hoffman, designed primarily (but not exclusively) as a hosting service for Textpattern-managed sites, similar to Six Apart’s Movable Type-based TypePad service. Allen was able to raise just under $40,000 in startup funding in just over three days. The investors, also known as the “VC 200,” were an assortment of web developers, designers, and bloggers. Allen chose this means of raising capital as a community-funded alternative to traditional venture capital.”

via Steve Pilgrim.

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Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

Another Idea: How to Start a Venture Capitalist Business

  • SAM ROTHERSTEIN

    HELLO, FAST CAPITAL IN NEW YORK IS A BIG SCAM, THE OWNER EVAN MARMOT IS A KNOW SCAMMER, THEY MAKE YOU FILL OUT PAPERS AND STRING YOU ALONG FOR MONTHS…BECAREFULL THE MARMOT FAMILY IS A KNOW FAMILY FOR SCAMMING PEOPLE

  • http://www.meritcapitaladvance.com Fred333

    Really scam artists huh? Well that is good to know. Thanks for the heads up.

  • Tami

    Is that so?

  • extackle

    Sam,
    Those are harsh words about the Marmott family. You sound like a spurned ex-client. You really shouldn’t be posting harsh words like that unless you have documented proof and are willing to back it up. I happen to know the Marmott family for several years now. I am willing to bet I know them better than you do. And besides, you are only telling your half of the story? How do we know what you did? Careful what you say. You may find yourself in court

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