What’s Sexier Than a Legislative Database?


Answer: Nothing. A while back I mentioned that I made an investment in a company that came to me through this blog, and it’s time to share some of my excitement! The company is called Legislative Database (LgDb), and it is definitely the next Google…well, maybe MySpace…er, uh, perhaps Hot or Not…whatever, as long as it’s not a Friendster.

Last week Legislative Database (LgDb) sent out a press release announcing our investment round which was led by Eon Business, a new VC in the Denver area run by a couple great guys who are on the prowl for Web-service companies. I introduced them to the company, and we decided to fund this first round together. You’ll notice I wasn’t mentioned in the PR, but hey, isn’t that what you would expect from a semi-anonymous investor/blogger like me?

I decided to invest in LgDb because I like the founder, Scott Yates, the SaaS model, the affordable pricing, the market for the service, and lastly because I am a PATRIOT. Come on, who isn’t fascinated by legislative bill tracking? That’s what I thought. Deep down, we all are…deep deep down. Actually, I was intrigued by the company from the first time I met Scott. He emailed me through this blog, we met for a round of Jamba Juices, and our relationship blossomed from there. It’s the old story without the romance stuff.

Anyway, if you are one of those lobbyists or associations that is still MANUALLY monitoring bills as they change and progress through the state legislature, it is definitely time you step it up a notch and explore the plethora of tools and features waiting for you at LgDb. I swiped Scott’s demo video from his site (you don’t mind do you?) for those of you interested in learning more about the service. If nothing else, at least pause the video periodically to see Scott’s face with funny expressions. See how fun investing can be? Join the party!!

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[…] has recently completed their Series A funding round led by eonBusiness. I see that the mysterious 5280 angel has participated as well. Congrats to Scott Yates and the LbDB […]

So now that LgDB has gone bust, what are the investors saying now?



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