Book inbound marketing, get found using google, social media and blogs. that s right. appreciate you talking to us. you have been a venture capitalist. and then you raise money from venture capitalists. yes. what do you think about venture capital money? pros and cons. i m a big fan of it. when i think about venture capitalism i think about a baseball analogy. venture capitalists if they re a baseball player and have ten at-bats, they re trying to hit a grand slam on every swing of the bat. they may hit one grand slam and strike out ten times, essentially. so it s a very risky game. if you re going to raise money from a venture capitalist the pluses are you have a chance to be billionaire. the minuses, there s a really high likelihood you re going to make nothing, essentially. there s the big, big trade-off when you raise venture capital. how is it different than raising money anywhere else? why would you chances be different? let s say you want to boot strap it or rais
Has been getting calls from google, facebook, microsoft, oracle. and guess what, every time he told them he wasn t interested. we should all be so lucky. this is a guy who is so smart, so talented, that he is deciding to take some venture capital money that he thinks he s going to get, and start his own company. that s the kind of environment that we re dealing with in silicon valley. there s so much money, and there s so many part people around here they feel like they can, you know, do it their own way and try to make some money at the same time. good for him. what kind of skills are needed. reporter: you know, the skills that are needed are very specialized, as we said. if you have a computer science background and you have computer programming skills, you can really do well. and i want you to listen now to a guy from a start-up called swear. this is the chief operating officer for swear, and he talked about really what it takes to get hired. and he talked about the competitiven
If you can t live then you re done. exactly. so, she was lucky, right? she got mike and his whole team there. if you re a small business owner and you don t have this rescue team come in, how can you take a step back and look to see what you can improve? well, i think one of the things at the end of the day, mike was an adviser and brought in an advisory board. i think it seemed to me, looking at what jane was doing, she lacked having experienced, folks give her advice along the way. i m a venture capitalist and when we invest, we re looking at finances, helping do all these things. if you re a small business owner, you ve likely taken venture capital money, taken money from friends and family, but i think getting the outside help, things like mike did, look in your community who knows about accounting or finance? it might be a family member or a friend, you might have to pay somebody, but those things are critical for a small business owner. people are willing to help, espec
Accounts. if your tied to your blackberry, check out ubertwitter. this has gps functionality to show when fellow twitterers are in the area. if twitter is just one component of your social media strategy, check out hootsuite. in addition to twiting, this supports facebook and four square updates. and the official twitter of the iphone which used to be called tweeting provides simple navigation. still to come, where s the money? how the passage of the small business jobs bill can help you with your loan. karen mills tells us how. and today s elevator picture has a product to let you exercise and take off the pounds while on the go. we re part of nature, and as we destroy nature, we destroy ourselves.
There may be some light at the end of the tunnel for small business owners who have had trouble getting loans. days after president obama signed the 30-day jobs business bill, many got approved. that raised future spa lending limits. karen mills is joining us to tell us where the money is. it is so good to see you, administrator. nice to see you, jj. tell us how this is going to free up money for small businesses. it has $12 billion in tax credits. as you ve said, small businesses still have trouble getting access to capital. and we have been able to get $14 billion more to put out into the hand of small businesses. we have already started that with about 2,000 businesses that