This is the question that has been captured my mind the last few days.
As most know, I am co-founder and Chief Geek (aka CDO) at TRImagination, an educational startup (edu-startup) focused on creating a better solution to digital textbooks.
We’ve been working since last November to put this project on paper and get it funded. Currently, we have a business plan, we are now working on a demo (we will have that ready early nexy week)… then this week rolls around and the bottom falls out of the market and then @JasonCalacanis (Jason’s blog post) & @fredwilson (Fred’s blog post) about startups having issues getting financed cause of the lousy economy and I have to agree with the points they made.
Here at TRImagination have gotten this far in 10 months without financing (except from our own pockets… which for a recent college grad with school loans isn’t alot) by being lean, flexible, extremely persistant and very resourceful. We are working our butts off to find a small investment to help us excellerate our development and get a full product to market.
For those have startups out there what are you doing to stay standing in these rough times?
