IRVINE, Calif., Jan. 19, 2016 /PRNewswire/ -- VCNetwork.co (VCNetwork), a comprehensive database of independent venture capitalists who are seeking viable startups to fund, has officially launched to bridge the gap between hundreds of VC's and innovative startups. With an already existing database of close to 300 VC's in its network, Jenny Q. Ta, CEO and founder of Sqeeqee.com, the World's first Social Networthing® platform, and Shinta W. Dhanuwardoyo (AKA Shinta Bubu), founder and CEO of Bubu.com, have created a 'virtual Shark Tank' accessible to any entrepreneur with a good business plan to be matched with the right VC to back them.
"Times are changing, and the old-fashioned way of funding only those startups that are owned by individuals within the VC's own circle is a model that's outdated hindering innovation lead by true leadership in our industry," said Jenny Q. Ta, Founder and CEO of VCNetwork.co and Sqeeqee.com. "The major weakness of the old method is that it's based more on who the founder knows than on what the founder knows—or, more precisely, what the founder actually has to offer the world in terms of product viability and strong company leadership. In my experience, I know that only strong leadership can help startups weather its initial storms, sustain its early momentum, and ultimately propel the business forward into a successful future. A viable match takes the right combination of founder and funder, which makes wider exposure to reputable VCs who are outside a founder's circle an asset to both parties."
By building a network that includes hundreds of VCs and VC firms, Jenny Ta is effectively arming the organization with the same type of resources that today's investment banks are using to their own advantage as they leverage their client lists to recommend individuals and companies that are wealthy enough to provide the funding that startups need to grow.
Joining Forces to Fulfill their VC Funding Mission
In carrying out her vision for connecting compatible VCs and startups, Jenny Q. Ta will join forces with Silicon Valley's highly respected Indonesian pioneer, Shinta Witoyo Dhanuwardoyo, founder and CEO of Bubu.com, one of Indonesia's earliest Internet-based companies. Known to most people as Shinta Bubu, this highly experienced serial entrepreneur and part-time angel investor will add her own considerable expertise to Jenny's, forming a powerful alliance the goal of which is to transcend the barriers that separate entrepreneurs and startups from the VCs they need to succeed in their markets.
Shinta's personal mission in the investment arena is not only to support entrepreneurs through funding but also to help turn capable startup CEOs into confident leaders who have the clarity, creativity, stamina, and skill to build and sustain world-class companies. While she realizes that guiding and mentoring take time, energy, and effort, she also knows there is no substitute for these vital processes in the experience of a developing business leader. That's the primary reason she is willing to not only do her part personally but also to creatively connect entrepreneurs with other experienced business mentors.
"We see the entrepreneurial spirit as a combination of traits that include fearlessness, ingenuity, failure-tolerance, and confidence," says Shinta Bubu, VCNetwork.co founding partner. "These traits combine to build the creative resilience that's needed if entrepreneurs are to blaze a trail—and not give up when the going gets tough. We seek to support those entrepreneurs who believe in themselves and their ideas enough to follow through on them."
Jenny and Shinta, though based half a world apart, share a common goal of fostering the entrepreneurial spirit that keeps young startups learning, growing, and innovating. As investors themselves, both successful business leaders are committed to guiding VCNetwork as the company invests in the startups within its fold, up to half-a-million dollars annually.
How does VCNetwork.co Work?
Entrepreneurs create a profile on VCNetwork.co, which will include the founder and team's information, as well as how much funding they're seeking. Once they submit a business plan and select the industry they're most closely related to, VCNetwork's intelligent system will couple them with the best match for their business and their funding needs.
For the privacy of each VC and VC firm, email addresses and phone numbers for those VC's are not shared with the public. Therefore a business plan is securely emailed to the main point person at that VC who will receive an email directly from VCNetwork.co, so they know a business plan is coming from a trusted source. The startup will also get a notification that their profile and business plan was shared with that particular VC and will have access to their website for further information.
Entrepreneurs will be happy to know, the first submission is free and each additional submission is a flat fee of $99.
About VCNetwork.co (VCNetwork)
Founded by Jenny Q. Ta, serial entrepreneur, former Wall Street broker and current founder and CEO of Sqeeqee.com, the World's first Social Networthing platform, VCNetwork was conceived to help forward-thinking VC firms and individual VCs find the startups that have what it takes to succeed. By partnering with Shinta W. Dhanuwardoyo (AKA Shinta Bubu), founder and CEO of Bubu.com, both innovative women understand that VC investing is all about connections, and facilitating such connections, large and small, is what VCNetwork is all about. All entrepreneurs are given the opportunity to submit their business plan through VCNetwork for a chance to be considered by one of more than 300 VCs in this highly coveted database of venture capitalists. To learn more about VCNetwork.co, visit http://vcnetwork.co/
About Jenny Q. Ta
Jenny Q. Ta is the founder and CEO of Sqeeqee.com, the first-of-its-kind social networthing® site as well as the mastermind behind an interactive multi-player game, Squiggy Piggy, and the newly launched, VCNetwork. Ms. Ta is a seasoned entrepreneur with two successful ventures to her credit. Prior to being a tech innovator she was the Founder and CEO of Titan Securities, a full service investment firm that was acquired in 2005, as well as Vantage Investments, a full-service broker-dealer start-up she founded in 1999 at the age of 27 and grew to a quarter of a billion dollars in assets. Overall, she has more than 20 years of experience as a senior executive in sales, marketing and finance.
About Shinta Witoyo Dhanuwardoyo
Shinta W. Dhanuwardoyo has been a trailblazer in Indonesia's digital landscape since the inception of her first company in 1996. She was also recognized by Globe Asia as one of the 99 Most Powerful Women and given a place on the Inspiring Women Honor Roll by Forbes Indonesia Magazine. Founder and CEO of Bubu.com, as well as a veteran in the tech Industry, Shinta herself has become one of Indonesia's leading authorities on ICT, as well as a forerunner in fostering ties with Silicon Valley. In 1996, Shinta founded Bubu.com – one of the first Internet companies in Indonesia, which has since evolved into the country's leading digital media agency developing cutting-edge Internet, social media, and mobile strategies. Bubu was not only acknowledged by Red Herring as one of Asia's TOP 100 Most Innovative Companies, but was also honored with the Global Red Herring Award. Since 2001, Bubu.com has been known for organizing the nationwide web/startup/tech awards called Bubu Awards, which features well-known international judges and prominent judges from Indonesia. Shinta also successfully organized Indonesia's largest bi-annual digital event called IDBYTE, inviting world-class speakers from industry giants such as Facebook, Google, Twitter, eBay, Linkedin, Disney, and many more.
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