VIDEO: Interview with Venture Tech Firm Founder on the State of the Startup Economy

Written by Jolie O'Dell / May 7, 2009 7:01 PM / 3 Comments

In Nashville, Tennessee, Marcus Whitney, founder of venture technology firm Remarkable Wit, takes a moment to talk to us about the struggles and triumphs he's experienced in the wonderful world of tech startups.

Marcus explains a little bit about the differences between venture technology and venture capital models and how his firm adopts good ideas and "A team" executives-in-training to create living, breathing tech startups without blowing through ungodly amounts of cash. He also talks about the need for a solid revenue model for even the best of tech ideas.

Remarkable Wit is a little bit TechStars, a little bit Idealab, and a little bit outside any box.

The firm's flagship project, an expertise marketplace called Moontoast, launched this spring at South by Southwest.

Comments

Subscribe to comments for this post OR Subscribe to comments for all ReadWriteWeb posts

Moontoast could work: people with experience without a job could make some money using MoonToast.

Posted by: Engago team | May 8, 2009 1:10 AM

Boxador (www.boxador.com) been doing Venture Technology for the last two years, they invested in our business model last summer and we just went beta a month ago. We could not have asked for better partners/investors. This is the new model for startups. Being funded and supported by technologists and entrepreneurs especially in the startup stage makes good sense.

Posted by: Edward Lujan | May 8, 2009 8:57 AM