Venture Capital and Financiers: Getting Started
More and more businesses are opening in the
modern era, and to make a small business reach a new level, massive funding is
required. One of the ways to get funding is to gain the interest of Venture Capitalists
(VC). However, with the increase in businesses, venture capitalists have started
a very discerning process when selecting who they want to invest in.
To attract VC investments, businesses, at minimum,
should have a minimal viable product, an established customer base, and a solid
team. One of the most important things that will determine the investors interest
is the presentation of the business plan. Business plan and presentation should
capture the attention of the investor and should also cover the size of the market,
estimated revenue, experiences of the management team, etc.
Most VC firms will invest specific industries.
Therefore, it is important to do research on the VC beforehand, and ensure their
interests are aligned with the type of the business.
Finally, Setup a meeting, present your pitch and
close the deal.
References
- Featured Photo by Karolina Grabowska from Pexels
https://www.netsuite.com/portal/resource/articles/business-strategy/how-to-get-vc-funding.shtml
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