Call for Funding
December 19, 2008 – 11:55 amWithout getting too much into our history at this point, we are announcing that YouBundle is now officially seeking early stage financing to ramp up our efforts
Up until this point it has been a self-funded operation and by this we were able to build a functioning basic site and small but dedicated userbase (Thank you!)
The Funding will be used for
- Scaling to be able to handle user Growth
- Improvements to Visual Design and UI
- Bringing another full time developer onboard
- Execution of data-portability
- Implementation of full wiki-like (not same but similar) collaboration on Bundles to turn them into living entities.
We have the model and the vision and now it is time to expand. We have contacted and been contacted by a number of investors. We will chose the investor that shares our vision and encourages us to continue our lean and efficient operation while adding support and knowledge for growth, partnerships and expansion. For us, the money is just part of the need with the correct investor being paramount.
We are probably looking for somewhere in low-mid 100k’s as we can do quite a bit with limited amounts of capital as we are experts in keeping the burn rate low. (Bootstrapping taught us this)
If you are an investor and interested in learning more or can recommend a suitable investor, please contact us via our contact form and we can begin a dialogue ASAP. (we dont stop for the holidays)
We will leave you with an embedded Bundle on VC Funding resources.
Merry Christmas