We Are Investing In Community
VegasTechFund is a seed stage investment fund focused on investing in founders and startups solving huge problems who are committed to building a vibrant, connected tech community in downtown Las Vegas. We see an opportunity to create a City as an incubator and aim to invest in companies who share that vision and want to build on it.
We invest in founders who:
Aim to increase the creative class of downtown Las Vegas by solving awesome problems with an amazing team.
Are building teams that are excited about being an active member of the Vegas Tech Community. This includes mentoring and collaborating with other companies in the community, having community dinners and organizing and participating in tech events such as Vegas Jelly. We’ve also been known to have a drink or two together.
Are insanely passionate about their company. We want to build a group of founders that create successful businesses that improve the brand of Vegas Tech.
We have a slightly different process than many other investment funds, one that highly involves the growing VegasTech community. There are three stages to our evaluation process:
Community Evaluation: Our community is built by the people in it. We build community through relationships. Want to know how to get funded? Come see for yourself. The more people you connect with the more likely you are to get community support. We work from community references. You can choose to do this on your own or reach out to us first. It’s your choice, but there’s no doubt that more things can happen once you’re here and active.
Founder Passion Evaluation: By now you’ve shared your company vision with our team. Now it’s time to chat about what drives you and how that can contribute to our community. We’ll start with a chat, quick phone call, Skype or trading of smoke signals with someone from our team. It’s a great opportunity to ask questions about the Vegas Tech community! Your time is valuable so we don’t want to waste it with more meetings if your company’s focus doesn’t align with our investment goals (it’s not you, it’s us…we’re weird).
Product/Business Evaluation: This is a chance for one of our partners, friends or invested companies to learn more about your product and business vision. We all come from a wide range of backgrounds in technology so who you meet with will depend on your startup’s focus. We’ll take a deep dive into your customer, market, business model, and growth strategies. This is a chance to show that you have the best team to solve the problem.
All three points in the process are evaluation points. Our partners are committed to making sure we invest in companies who support the values of the community. Only after we get through all three will we start talking about terms and investment. We’re confident those can be worked out once we know we have the right fit for the Vegas Tech Community.
We look forward to working with you to build the Vegas Tech community. Sure, it sounds long but there will be a lot of drinks along the way and you’ll meet some amazing people!
The best way to get started on the investment path is to visit downtown Las Vegas and see what’s happening with the Vegas Tech Community firsthand. Prior to the visit, start by monitoring #VegasTech on Twitter. This will give you an idea of current and upcoming events. You’ll also want to check out vegastech.com and downtownproject.com. These will let you know what’s happening and where we’re going from here.
Next, find your way here and come check out an event like the weekly Vegas Jelly. This casual coworking meetup provides a great opportunity to introduce yourself to the community. You can also check out our Foursquare list to get an idea of the places to go and the best things to do while there. Be sure to add us as a friend (VegasTechFund) and then complete the tips on the list.
If you’re not quite ready to make the trip (or you’ve been a thousand times), the next step is to fill out our application to share a few bits of information with our team. Only proceed if you:
Are Insanely Passionate
Are Solving Awesome Problems
Like to Dance in Celebration
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