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[personal profile] prog
Having caught someone's interest within, I submitted a level-two application to one of the angel groups yesterday. If we're just as good as everyone else who got a form to fill in, our chances of being invited to give a presentation are maybe 15 percent. I like to think our pitch is better than everyone else's, but it's a variable completely outside of my control -- maybe the other 14 applicants are all cancer cures -- so the confident speech that [livejournal.com profile] aspartaimee and the Andys have been training me to pour into my business writing falters here.

[livejournal.com profile] daerr thinks we impressed the fellow with whom we met on Thursday, so assumedly he'll put in a good word for us. We'll see... I'm told that they'll get back to me, and everyone from the group has been very good about communication so far. (I take this as a hopeful sign, since this same group was among those to silently ignore my application last fall.)

D and I had coffee this evening and talked a lot about what to do next with volity.net, now that Gamut is able to respond safely to Web browser links (on Mac and Windows, anyway). I'm energized with ideas and direction but I also feel doomed. It's tough to hack on Volity when our financial fate is so uncertain. I told him that I felt like I was rearranging deck chairs on the Titanic, but that's actually not the best metaphor. It's more like I'm feeding Schrödinger's Cat.

Last November, we figured that June was our drop-dead deadline for having funds. Well, it's June, and we don't have a check in hand yet... but we do have at least a couple of sources sniffing interestedly at us, and it's not like we're flat out of seed yet. I call this schedule slip. We can handle this.

Date: 2006-05-29 03:05 pm (UTC)
From: [identity profile] dougo.livejournal.com
This makes me wonder a little... What would happen to Volity if you don't get the money? Would volity.net shut down?

Date: 2006-05-29 03:21 pm (UTC)
From: [identity profile] prog.livejournal.com
No. The most realistic worst-case scenario is we get no funding before running out of seed capital, and so we all have to get jobs. Volity Games would continue to exist as a company without any full-time employees. We'd continue to pay the hosting fees... and keep looking for funding.

I very much do not want this to happen.

Date: 2006-05-29 05:56 pm (UTC)
From: [identity profile] aspartaimee.livejournal.com
hmmm. while this isn't that dire, relatively speaking, it's less than ideal. i had visions of you pimping the andys out and then it all blowing up in your faces when andy finds love with a diplomat's daughter, andy turning states evidence, and the drug/prostitution empire you constructed crumbling around your ears. i really saw it as a ripped from the headlines episode of law and order: criminal intent. i feel you going up against vincent d'onofrio would be like chess on crack.

that said, best of luck to you. i wish i were loaded.

Date: 2006-05-29 05:57 pm (UTC)
From: [identity profile] aspartaimee.livejournal.com
not only do chicks like myself dig on strong and commanding business language, potential investors do too. imagine the coup if you could bag a chick investor.

Date: 2006-05-29 06:04 pm (UTC)
From: [identity profile] prog.livejournal.com
imagine the coup if you could bag a chick investor

fnarr

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