Entrepreneur's Toolkit

Angels and Venture Capitalists

For Serious Outside Equity

Key Topics Covered in This Chapter

•why external capital is often necessary

•how to approach business angels for capital

•what attracts venture capitalists

•the venture capital process

•locating and connecting with VCs

•tips for making hard-hitting presentations to angels and venture capitalists

•the pros and cons of venture capital funding

 

MANY BUSINESSES NEVER get to the point of needing or wanting outside equity capital. The founders can use internally generated cash and loans to expand the enterprise to a size that, to them, is manageable and satisfactory. Best of all, this route ...