In many ways, it's never been easier to start a food company. From products to services, marketplaces to mobile apps, the food space is HOT. While bootstrapping is preferred, some businesses are almost impossible to launch without capital. The web is filled with endless information on how to raise venture funding; however, the process can be unclear, Investors can be hard to find, and asking a complete stranger for 50k is never a simple task!
Attendees met on Wednesday, May 14th at Nixon Peabody, 100 Summer St in Boston, for an evening with a veteran panel of angel investors and VCs who covered trends in the food space, early stage investing, and identified the most important considerations when raising a food startup, such as:
* How do you find the people you should be talking to?
* How do you get meetings with these people?
* Does “no” mean "maybe later"?
* How much money should you ask for?
* What happens once the VC joins your board?
Adam Salomone, Associate Publisher, Harvard Common Press, Co-founder, The Food Loft
Scott Roman, Senior Associate, Sherbrooke Capital
Dan Pullman, Founder and Managing Partner, Fresh Source Capital