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---- Forecast: Tech Spending Won't Collapse; Cuts, But No Bubble Burst


Commerce - 9:02 pm on Jan 27, 2008 (gmt 0)


I don't think this is at all the case when one is looking for .com funding - Money from angels, VCs and the like all seem pretty tight for right now.

For example, one company in which I serve as president has arguably the best .com platform for its industry (around 100 billion), a COO who was a respected Senior VP for a very well known name in travel, a built out infrastructure, proprietary backend software, a logical business model and an exit strategy.

The company is looking for around $2 million in funding and I'm told I'm doing most all the right things to attract money, but yet, not yet.

-Commerce


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