{"id":2092,"date":"2006-01-11T09:41:40","date_gmt":"2006-01-11T09:41:40","guid":{"rendered":"http:\/\/zmetro.com\/?p=2092"},"modified":"2006-01-11T09:41:40","modified_gmt":"2006-01-11T09:41:40","slug":"local_arful_hom","status":"publish","type":"post","link":"https:\/\/www.zmetro.com\/?p=2092","title":{"rendered":"Local “Arful Home” Site Guild.com Raises $7M"},"content":{"rendered":"

Judy Newman reports that Guild has raised another $7M<\/a>. I am impressed that founder Toni Sikes has created an organization with so many lives – not an easy task. During the dot-com era, Guild raised several million in local<\/i> funds<\/a> along with over $30M in Venture Money. Those early investors lost their position when assets were purchased from Ashford (Newman briefly touches on this in her article, but doesn’t mention the amounts).<\/p>\n

Several years ago, NBC 15 ran a story on Guild. They, too made no mention of the firm’s dot com fund raising and sale. I phoned the reporter (whose name escapes me) and asked why she did not describe the firms early investment rounds? She replied that “those people got to keep their (worthless) stock”.<\/p>\n

In some respects, it is a sign of progress that a firm can have more than one life in Madison. <\/p>\n

This type of incomplete cheerleading, unfortunately simply makes it more difficult for other entrepreneurs to startup and raise capital. People within the investment community are well aware of these matters.<\/p>\n","protected":false},"excerpt":{"rendered":"

Judy Newman reports that Guild has raised another $7M<\/a>. I am impressed that founder Toni Sikes has created an organization with so many lives – not an easy task. During the dot-com era, Guild raised several million in local<\/i> funds<\/a> along with over $30M in Venture Money. Those early investors lost their position when assets were purchased from Ashford (Newman briefly touches on this in her article, but doesn’t mention the amounts).<\/p>\n

Several years ago, NBC 15 ran a story on Guild. They, too made no mention of the firm’s dot com fund raising and sale. I phoned the reporter (whose name escapes me) and asked why she did not describe the firms early investment rounds? She replied that “those people got to keep their (worthless) stock”.<\/p>\n

In some respects, it is a sign of progress that a firm can have more than one life in Madison. <\/p>\n

This type of incomplete cheerleading, unfortunately simply makes it more difficult for other entrepreneurs to startup and raise capital. People within the investment community are well aware of these matters.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,23],"tags":[],"_links":{"self":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2092"}],"collection":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2092"}],"version-history":[{"count":0,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=\/wp\/v2\/posts\/2092\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zmetro.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}