new version available

Newsletter Sign Up

Please enter your email to receive FREE venture capital and private equity special offers, news, and information!

Your Name: 

Your Email:  

August 15, 2012

How to Find the Right Venture Capital Firm

There are a great many venture capital firms, but not every one of them is the right fit for your business. You need to keep in mind that a venture capital firm isn’t an impersonal business entity. It’s a partnership made up of people with their own individual histories, skill sets and experiences and when you receive funding from a VC firm, one or more of these partners will usually take a seat on your Board of Directors. When you choose a venture capital firm, you’re also choosing someone to sit on your board. As such, you’ll want to pick a partner who has experience relevant to your industry and who will be a good fit with the rest of your board.

==> Click here to raise money!

Venture capital firms generally make information about their partners publicly available. You should be able to find a short biography as well as information about their education, industry experience and any recognitions or awards that they’ve received over the course of their careers easily enough, usually from the VC firm’s website. If you can choose a partner at a venture capital firm whose experience and skills are a good match for your company, you can gain a valuable ally in the effort to grow your business as well as capital funding for your company.

Once you’ve decided on a partner that you’d like to have on your Board of Directors, the next step is to get in touch with them. Remember that VC firms get a great many business plans sent to them unsolicited and they simply don’t have time to look at them all. Because of this, you’re better off getting an introduction or a letter of recommendation from someone who has dealt with the firm before or who has an acquaintance who is a partner at a VC firm. Accountants, entrepreneurs who have been funded by the firm before, lawyers and other professionals can all help you to get your business plan read. Sometimes, all you need to do to get an introduction is to ask.

==> Click here to raise money!

Finding a partner to work with is the first step in the process – but you then need to get their notice and to sell them on the merits of your business as an investment. Once you’ve convinced one partner, you’ve won half the battle and you’ll have less of a challenge closing the deal.

Peter

Comments

Facebook comments:

Visit our profile page on Facebook:
//www.facebook.com/vcgate.investors.directory
( and click Like if you like :-) )

Got Twitter?
Then Follow us @ //twitter.com/vcgate 



Share This Post:  

Try out our Venture Capital Firms
and Angel Investors
database for FREE!

Enter your name and valid e-mail address to download our FREE
investor database trial version, then click the "Get It Now!" button

Your Name:    

Your Email:     

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close

X

Enter your name and valid Primary Email Address below now to download our FREE trial version, then click the "Get It Now!" button to start the downloading.

Your Name: 

Your Email: 

NOTICE: This is a spam-free site. Your email address will never be sold or traded and you may unsubscribe at anytime.

Tip: VCgate gives you access to 4,500+ venture capital and private equity investors worldwide at the touch of a button.