BY Jonathan Blum
NEW YORK (TheStreet) — Nick Evans might just be holding the entrepreneur’s Holy Grail in his hot hands: He can get to real money for next to nothing.
“We just finished raising $2.68 million dollars online,” said Evans, CEO of Reveal Labs, the San Francisco-based maker of the Tile, an attachable Bluetooth personal property tracking device expected to ship this spring. “And we did it all without a traditional VC or Web-based crowdfunding platform.”
“We are directly responsible to our backers, and that’s where I want to be,” Evans said.