How to pitch to venture capitalists?

18th Nov 2009 by Tom Lindmark

First understand that each venture capital company or fund is going to have certain things they like or don't like. Some like start-ups, some like to come in at later stages. Some like a certain type of technology or business and others like different types of businesses. So know what you're looking for and pick the venture fund that likes what you do. Now with that out of the way you are going to need an exhaustive business plan. Remember these guys look at thousands of deals and know not only money but technology and how to run companies so you better be able to answer a lot of questions. If your company is already operating then you will need not only a plan but plenty of data to show what you've done so far. Management is crucial to these guys so make sure that you can assure them that you have all the people you need to make your project work and if you don't tell them and let them know that you are open to any help from them. Finally, don't expect an answer on your first visit. They'll probably ask for more data and refinements in your presentation so persistence is as important as anything else.

This answer is the subjective opinion of the writer and not of FinancialAdvisory.com