Raising Money

Found/Read has a post about what it's like to raise money.

It's pretty much right on.

We're in race car mode now, approaching head exploding mode.

What's our burn rate?

Can we hold off on a certain hire until Q2?

Don't want to try to raise series B in July/August.

...and execute, execute, execute.

Podlinez is now Phonecasting.com

It seems Podlinez is now phonecasting.com. They have also raised $500K in angel money, and they're looking to raise an additional $10 million series A.

It's the type of system where they assign a fixed phone number to a series (like SayNow). It works for mainstream stuff it really doesn't scale well to the long tail. It's better than the Earkive/Cellecast approach (what we refer to as "voicemail hell"), but nowhere near as elegant as the Foneshow approach.