What’s Venture Technology?
From Wikepedia:
Venture Capital (also known as VC ) is a type of private equity capital typically provided for early-stage, high-potential, growth companies in the interest of generating a return through an eventual realization event such as an IPO or trade sale of the company.
While the Venture capital model has produced many successes, it has also failed many entrepreneurs. You may have a smoking idea, and the skills and talents to make it a success, but if your business plan doesn’t include a high profile public offering planned in a few years, you can kiss-off the idea of using venture capital to fund your business. The reality is most business models don’t fit the venture capital model. So what does an entrepreneur do? Most try to bootstrap (user their own money, credit cards, lines of credit, etc.) or turn to friends and family.
There’s a new Modal– Venture Technology (VT)!
Does your business need capital to build a web-related application or technology? Skip the capital. Go right to the source and build your enterprise using Venture Technology. Venture Technology (VT) allows you to infuse your company with the technology it needs without bankrupting your budget. XediaMedia becomes your technology partner, investing its skills and technical talent into your venture in exchange for a piece of the action.
Unlike most software-for-hire or consulting firms, XediaMedia uses a business model that aligns its interests with its client’s/partner’s—increased revenues and profits. In a typical outsourced project, the goals of the company and the contractor are at odds. The company wants to pay a little as possible and the contractor wants to charge as much as possible. Venture Technology turns that problem on its head. It aligns the interests of the entrepreneur and technology partner into a win-win mentality. Everybody wants to save on costs, but more importantly, everybody wants to see the business reach its highest potential.
What business models benefit most from VT?
If your business needs $10,000 to $500,000 in capital to build a web related application or technology, you should consider an investment of technology, not just capital. Entrepreneurs/ companies of all sizes can benefit from VT—big, medium, small, even first-timers. In the world of Craigslist, Google, and Facebook, it goes without saying that small companies can expand and benefit from a new web application just as any established company can.
Find out more about what we look for in a business. If you think your business is a good fit, let us know.
