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Hiring seems to be the preferred use of seedfunds (by investors and founders), whereas I'd prefer a focus on customer acquisition. Of course, there's still hard work to be done to as the bad news is that its hard finding good WebDevelopment in Los Angeles and certainly its tough Finding Developers Here in Los Angeles.
Zesty.io, a San Diego Webdevelopment firm, has raised $1.3 million in seedfunding to spin out its consulting business, and focus instead on providing its core Web content management technology as a subscription-based software-as-a-service.
Taylor returned home and dove into learning webdevelopment and design on his own. He ended up building a digital agency that did everything from custom apps and webdevelopment to branding and digital marketing. The company caught the attention of investor from China and secured a seed-funding round around $1.5
For a high-volume seedfund that adds many portfolio companies every year (such as our friends at 500 Startups who invest in over 100 distinct companies annually), the cost of a bad affirmative decision (a false positive) is quite low, since it accounts for a relatively small portion of their total fund. . <Note:
Right from the beginning, we also partnered with a young webdevelopment agency for development and technical consulting – they are now more than business partners, they are friends and part of the team. Any funding yet? Our headquarters are in Berlin, but we have platform users from all corners of the world.
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