VC will fund SaaS Solutions in Cloud

As the global economy continues its roller coaster ride the VC has become selective in their funding.

The one category which the VC will fund are Saas Solutions in the Cloud.

What is the criteria to attract the VC's interest and get the funds you badly need to grow your business.

Photo Courtesy Ajay Gopal.

1. You need a running application which is a SaaS solution in the cloud.

2. You must have an monthly income on the use of your solution with a projected growth of 50% quarter to quarter.

3. The solution must be unique and if possible you must have a few patents or IPR on some processes. Thus creating a barrier for replication.

5. It could be in any industry vertical or any consumer/corporate segment.

If you meet the five criteria above the VC will be calling at your door with the cheque and for their share in growing your business.

You need a great SaaS solution idea which can be developed in the cloud and a credit card to buy cloud services and finally a small team to weave it all together on the cloud.

All the best to your dreams and ambitions and if the VC does not fund you give me a call and if I like the idea I will fund your company.

Footnote : Facebook is a SaaS solution in the cloud.

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