DreamIt Ventures gives 10 startups a year a little money ($10,000 – $25,000) and a lot of mentoring to help them launch their businesses. I invited one of the seed fund’s co-founders, Steven Welch, to talk about how they pick the 10 startups and how they help turn ideas into businesses.
I also asked him to tell us a little bit about the business he bootstrapped in his 20s and his recent run for Congress.
The FULL program
About Steven Welch
Steven Welch is the cofounder of DreamIt Ventures, a venture capital firm specializing in incubation and seed investments. In July 2007 (at the age of 29), Steven sold the Mitos group of companies that he had started building 6 years earlier to Parker Hannifin (NYSE: PH)—an S&P 500 company.
He recently wrote the book, We Are All Born Entrepreneurs.
You should say hi to him on Twitter.
This is a raw, mechanical transcript.