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First, venture capital isn’t generally the very first spot you go for funding. Above we’ve listed a few firms that you can use for early stages but, there is still a ways to go before even early-stage capital will pay attention to you.
So let me ask this round of questions to better understand your goals and where you are at in your business venture:
- When did you start your business?
- Are you consistently making revenue for your business?
- Do you have employees?
- Have you applied for seed funding, first?
- Have you tried an angel investor?
- Have you tried crowdfunding?
- Do you have a business plan?
- An executive summary?
- Are your finances, ROI, sales, customers, subscribers, etc all tracked and measured?
VC’s normally get a lot of emails, so you have to be crafty with your email headline. Follow the VC around online, comment on their work, reference their work, what they’ve done, ask for a simple interview to learn more about them and their success (this is not where you ask for capital, you are only trying to get your foot in the door).
- This reply was modified 1 year ago by Matthew King. Reason: Grammar