Yeah, I saw this last month. Some of these folks aren't too bright:
preadsheets That Truly Excel
The Investor: Amanda Reed, partner, Palomar Ventures
What she's backed: Attensity, Edgewater Networks
What she wants now: A Web-based platform to make company spreadsheets--for revenue forecasting and other analytical chores - more easily viewed, updated, and shared by managers. Many small-business execs still rely on e-mailing Excel files around the office to share data forecasts. Software apps like NetSuite import data but not the formulas embedded in spreadsheets.
What she'll invest: $5 million for a team of five engineers to create a prototype in less than two years
Send your pitch to:
businessplans@palomarventures.com. -- S.H.
Think she'd give me 10% if I pointed her at goole spreadsheet thingy?
