Tony Longo and Dan Adams weren’t having an easy time raising money for their Boston mobile startup, CO Everywhere. Longo estimates that he attended about 200 meetings with local venture capital firms. None said yes.
Many didn’t say no, either. They simply didn’t return phone calls or e-mails. “You’d have a good meeting and maybe a second meeting with more of the partners at the firm, but then things would just go dead,” says Longo. “It’s really discouraging.”
Image: DINA RUDICK/GLOBE STAFF
