On Friday Phone.com participated in the NJTC Venture Summit in Somerset NJ. The event is organized by the New Jersey Tech Council and is well attended by Tri-State area companies and investors.
Phone.com won the award for best communications company and Ari Rabban CEO of Phone.com was also one of the keynotes at the event.
Here is a summary of his advice as was published in NJConvergence:
“Rabban’s advice to those seeking capital: get the right domain for your product; find the right advisers; believe in your dream but also expect rejection; show excitement for your idea; get a partner for brainstorming; and expect three months to stretch into a year before you actually get the financing you are after, even if you’ve signed an agreement. “There are ways to keep some kind of a day job” while keeping the dream going, he said.
“Rabban’s advice to those seeking capital: get the right domain for your product; find the right advisers; believe in your dream but also expect rejection; show excitement for your idea; get a partner for brainstorming; and expect three months to stretch into a year before you actually get the financing you are after, even if you’ve signed an agreement. “There are ways to keep some kind of a day job” while keeping the dream going, he said.”
You can read more about the event here. Some photos are below.
