I Know Kung Fu And Now You Can Too

by TheMadHat on October 21, 2008

I Know Kung FuEveryone I hang around with always has big ideas in their head, but a lot of times it just bounces around in there and never comes to fruition. Whether it is money, business focus, resources, or you might just be a dumb ass. Well an opportunity recently came to my attention that should not be overlooked. Neil Patel recently invested in a Venture Capital firm that is looking to give you and your genius idea up to $250k (or more) to help you get started. If you’ve ever tried to get VC funding, you know how freaking hard it is just to get anyone to listen, so this is your fast track to the inside. Here is a summary from the post:

Here is what the Founders Co-op can offer you:

1. Money – with capital you’ll be able to grow your company.

2. Expertise – unlike most venture funds, the Founders Co-op isn’t made up of finance people, instead we are all entrepreneurs. Because of this you will get advice from people like Ben Elowitz who co-founded Blue Nile and took it public. Or Andy Sack who founded three Internet startups and sold them (the first company was bought by Acxiom, the second was bought by the New York Times, and the third was bought by Microsoft).

3. Networking – meeting random people on a regular basis is easy, but meeting people that can help your business grow is hard. Through the Founders Co-op you will get to meet the right type of people.

So if you’ve got that big idea and need some direction, don’t pass up on this opportunity and apply for a big piggy bank. I would be all over it on something I’ve got in my head, but I don’t qualify (this little idea would have to be out of the US…if you get my drift).

Congrats to Neil on another successful investment. The guy is on a roll!

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{ 11 comments }

Freelance Twin October 21, 2008 at 11:24 am

VC is definitely the way to go, and hopefully this will make it easier. I’ve had a few startups in the past year that I would have loved to get VC funding for so they could take off, but especially during hard economic times people are a lot less willing to give you money unless they’re positive they will get it back, which isn’t always the case with new ideas and startups.

Pinellas Realtor November 4, 2008 at 11:44 am

Is it true that you need to have one of those (not-so) old fashioned business plans to get venture capital funding? My dad always tells me: “If you have a great idea, you must be able to put in in writing so that some venture capitalist will be able to see the upside to your business n black and white. I don’t know how much those guys rely on the business plans, but I’d be interested if it was mandatory.

TheMadHat November 4, 2008 at 11:52 am

In this case you just have to answer 25 questions and send them in. I don’t think that’s probably normal though. Having a solid business plan generally is mandatory for VC funding (although the business plan you use can be less complicated and easier to follow).

My suggestion would be to find someone knowledgeable in writing business plans and get some help if you’re going the traditional VC route (although right now, you might not have much luck).

Stanley December 2, 2008 at 11:46 am

Kung-Fu Pand just got 16 Animation nominations, . . . and I still havent seen it! It’s on my rental list.

Ruri January 21, 2009 at 3:26 am

In my business, I still avoid VC. since in the future, we can lost control for our own company. I better choose partnership with my friend who have skill I need to grow my business.

Herman Miller Mirra February 5, 2009 at 12:28 pm

I saw Kung fu Panda it very fun movie. In this point, If you think you can or you can’t. it’s true. I think the positive attitude is important.

nick February 7, 2009 at 6:13 am

Old fashioned business plans are good as they might ot be fun to do but they force you to look at the business and market as a whole in relation to numbers.
Numbers tend not to lie .

Kung-fu panda rocks

Shaw February 22, 2009 at 9:35 am

Very interesting article with good information of kung fu panda and good tips.

Sharon February 23, 2009 at 12:11 am

At first I thought it was quite okay, decent entertainment and at least not totally crap. But then the really funny scenes and details kicked in, after Po gets into the temple.

Lyndsey February 24, 2009 at 3:10 am

Kung Fu Panda has a nice message, but the pleasing mix of humor, swift martial arts action, and colorful animation makes for winning Summer entertainment.

Paramon March 9, 2009 at 10:30 am

I love Kung-Fu Panda. The deeply impressed Furious Five accept Po as a kung fu master and their equal.

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