Comments on: The quality of tech-crash scar surgery higher in mainland Europe? http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/ The company behind LouderVoice Customer Reviews Thu, 04 Feb 2010 14:14:05 +0000 hourly 1 http://wordpress.org/?v= By: tagging tech /john collins/ http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/comment-page-1/#comment-1176 tagging tech /john collins/ Wed, 06 Dec 2006 09:52:27 +0000 http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/#comment-1176 <strong>two apartments in budapest and a web2.0 firm, please...</strong> conor o'neill, who is behind the web 2.0 start-up louder voice relates his depressing experiences with a dublin finance house yesterday. Link: Argolon � The quality of tech-crash scar surgery higher in mainland Europe? my take on this is that... two apartments in budapest and a web2.0 firm, please…

conor o’neill, who is behind the web 2.0 start-up louder voice relates his depressing experiences with a dublin finance house yesterday. Link: Argolon � The quality of tech-crash scar surgery higher in mainland Europe? my take on this is that…

]]> By: Conor http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/comment-page-1/#comment-1175 Conor Wed, 06 Dec 2006 09:26:41 +0000 http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/#comment-1175 Thanks Alan, sounds interesting, might take you up on that when I get back from Le Web. Thanks Alan, sounds interesting, might take you up on that when I get back from Le Web.

]]> By: Conor http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/comment-page-1/#comment-1166 Conor Tue, 05 Dec 2006 17:02:35 +0000 http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/#comment-1166 Thanks for the info Joe. I should probably do an edit on that post as I wasn't talking to a VC at all but a financial services company involved in corporate finance, wealth management etc. They do invest in funds on behalf of their clients but don't have their own venture funds. I was looking to potentially access their private client portfolio management group. i.e. somewhere between Angel and VC. Thanks for the info Joe. I should probably do an edit on that post as I wasn’t talking to a VC at all but a financial services company involved in corporate finance, wealth management etc.

They do invest in funds on behalf of their clients but don’t have their own venture funds. I was looking to potentially access their private client portfolio management group. i.e. somewhere between Angel and VC.

]]> By: Joe Drumgoole http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/comment-page-1/#comment-1165 Joe Drumgoole Tue, 05 Dec 2006 16:48:29 +0000 http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/#comment-1165 Conor, All the Irish VC funds are tapped out at the moment so talking to any of them is a bit of a waste of time if you are looking for funding. They are all raising new funds on the back of the EI 175m cash injection. Draw down of this money from EI is contingent on them raising matching funding over the next 6 months or so. I'd hazard a guess that you were talking to ACT or Delta, as I know TVC did at least one new investment (LeCayla) which was both early stage (two guys and a powerpoint) and technology focussed (Software as a Service). By and large, the Irish VCs are risk averse as none of them run overlapping funds and therefore if their current fund fails to produce a return they will find it very difficult to raise the next one. SO if you are looking for funding the BES route is probably a safer bet. Conor,

All the Irish VC funds are tapped out at the moment so talking to any of them is a bit of a waste of time if you are looking for funding. They are all raising new funds on the back of the EI 175m cash injection. Draw down of this money from EI is contingent on them raising matching funding over the next 6 months or so.

I’d hazard a guess that you were talking to ACT or Delta, as I know TVC did at least one new investment (LeCayla) which was both early stage (two guys and a powerpoint) and technology focussed (Software as a Service).

By and large, the Irish VCs are risk averse as none of them run overlapping funds and therefore if their current fund fails to produce a return they will find it very difficult to raise the next one.

SO if you are looking for funding the BES route is probably a safer bet.

]]> By: Alan O'Rourke http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/comment-page-1/#comment-1162 Alan O'Rourke Tue, 05 Dec 2006 11:41:29 +0000 http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/#comment-1162 I got talking to a finance guy at the SaaS day organised by Enterprise Ireland a while back. They were a start up tech company and they secured first round investment from Trinity VC and had just secured a second round with a mix of Trinity and a private investor. Very nice and friendly guy and he was saying there is a lot of great advice available from people like him free if you just ask. He was willing to meet up with me and chat about how they did it but I didn't feel we were at the right stage and would only be wasting his time. Also not sure if VC is the route we want to go yet. However I still have his card if you want to give him a try. I got talking to a finance guy at the SaaS day organised by Enterprise Ireland a while back. They were a start up tech company and they secured first round investment from Trinity VC and had just secured a second round with a mix of Trinity and a private investor. Very nice and friendly guy and he was saying there is a lot of great advice available from people like him free if you just ask. He was willing to meet up with me and chat about how they did it but I didn’t feel we were at the right stage and would only be wasting his time. Also not sure if VC is the route we want to go yet.
However I still have his card if you want to give him a try.

]]> By: fmk http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/comment-page-1/#comment-1161 fmk Tue, 05 Dec 2006 10:19:00 +0000 http://www.argolon.com/2006/12/05/the-quality-of-tech-crash-scar-surgery-higher-in-mainland-europe/#comment-1161 similar experiences to your own. little or no vc-type investment available in this country until a start-up practically doesn't need it. similar experiences to your own. little or no vc-type investment available in this country until a start-up practically doesn’t need it.

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