Cargo Cult Capitalism : Three Reasons Your Startup is Not Getting Funded

by David Duccini | at Minnebar 15

If you need money for your startup what do you think you need to do?

If the answer is "pitch my idea to as many Venture Capitalists and Angel Investors as possible" you may have accidentally joined a cult!

In this biting and witty session local contrarian capitalists David Duccini and Jade Barker, recently off a whirl-wind tour of Investment Banking exams that has allowed them to launch Silicon Prairie Capital Partners a "Modern Investment Bank Inspired by Crowdfunding and Powered by Automation", intend to break down the MYTHS surrounding startup capital formation!

You'll learn how to spot people who are "for vanity" instead of "for profit" and some tools to check yourself to see if you have the power to get to the next level?

You'll also save yourself a ton of time trying to get coffee dates with people who are NEVER going to invest in your big idea, but are full of "oughta-do" advice! (Hint it comes down to just three reasons)

You'll discover that most competitions, incubators and accelerators are just another form of "beauty pageant" and that many of the so called "judges" have zero experience in startups (and most are just corporate sponsors of the events.)

You'll learn the power of the word DISCERNMENT and hopefully come to realize that you may have been outsourcing it to the wrong people.

Lastly you'll learn that YOU can now by-pass all the gatekeepers and raise capital publicly using Investment Crowdfunding laws such as MNvest and Regulation Crowdfunding all while maintaining control of your destiny!

David Duccini

Founder and CEO of Silicon Prairie, a collection of regulated financial technology companies centered around the formation of capital publicly or privately. The group includes Silicon Prairie Capital Partners (SPCP) an SEC registered / FINRA reporting Broker-Dealer with an Alternative Trading System (ATS) license, Silicon Prairie Registrar & Transfer, an SEC regsitered Transfer Agent, and Silicon Prairie Portal & Exchange (SPPX) a technology holding company that builds and manages platforms, marketing, and smart documentation automation technology.

If you're curious about our master plan for Global Domination, check out the 2017 TECHdotMN 'Minnesota Moonshot' article to see where we've been and where we're going!

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