Re: [Hampshire] [OT] Letter to investors

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Author: Sean Gibbins
Date:  
To: lug, Hampshire LUG Discussion List
Subject: Re: [Hampshire] [OT] Letter to investors
On 22/07/10 13:26, Damian Brasher wrote:
> We are a small company that has designed and built an Open Source
> long-term archive system for education, currently in beta2. DIASER -
> Distributed Internet Archive System for Educational Repositories. To
> continue we need further investment sponsorship. Somewhere in the region
> of UKP 30-100K. Interlinux Ltd collaborated with the University of
> Southampton during the alpha-dev phase.


Hi Damian,

First up, I know little or nothing about investment!

However, it occurred to me that asking for between 30-100K sends a
message that you don't really know how much you need, i.e. there is no
hard and fast business plan. Surely it would be better to ascertain more
precisely how much is needed to get you where you want to be and then
ask for it, rather than ask an amount that might convey to potential
investors that you are a little vague on this?

Sean

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