Monday, 7 May 2012

Scouting Deals? Use These Apps

Screen Shot 2012-05-06 at 11.31.58 PMOh the "where do I find hot startups?" problem ? VCs have been grappling with this for ages, resorting to such avenues as rampant gossiping, reading TechCrunch, informally tapping into early stage investor networks for intros to later stage deals and apparently, according to PandoDaily's Sarah Lacy, setting up formal programs where entrepreneurs who are "network rich and cash poor" serve as deal scouts. Makes sense. Thus becoming the platform for startup discovery presents a huge opportunity for anyone who comes up with a grand solution: And, because which hot startup isn't mobile these days,?Apple itself is rumored to be trying to solve the problem with its own app discovery and promotion platform, aiming to go beyond its Featured section and expand into more intensive forms of app publicity. Its recent acquisition of Chomp harkens to this ambition and project, though as far as I can tell it still has a long way to go.

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