While Silicon Valley and Oslo share a strong passion for technological innovation with a growing desire for Norwegian entrepreneurs to achieve the dream of international success, the path to funding success is quite different in Silicon Valley.
First, the good news…with the currently strong economic growth in the valley, there IS capital available and deserving startups and mature (founded 2010-2013) companies are receiving VC, institutional and angel investments. However the key word is ‘deserving’. While there are examples of ‘hot companies’ that receive funding by simply being in the right place at the right time, generally US investors make funding decisions based on a company’s demonstrated market position, customer traction and positive financial results.
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