VC’s want money. Not just any money; BIG MONEY.
In last week’s Entrepreneurship 101 lecture, Terms of Investment, Shirley Speakman of the Investment Accelerator Fund (IAF) gave an overview of the realities of seeking out private investment for your start-up.
Because venture capital is high risk, winners need to be big — and big means at least nine-times return with a potential for high growth. Investment from an outside investor also means being prepared to accept new terms for your company. To see a list of considerations to bear in mind before accepting outside investment, read the article: Are you ready for a private investor?
If you do decide that your company is ready to accept outside investment, you’ll want to use this workbook to ensure you have the right tools in place to raise money: Financing: Identifying, targeting and engaging potential investors.
Most importantly, before spending long hours and a large amount of preparation to demonstrate your worth to an investor, find out if your company is “VC-able”: watch the lecture video.
Downloads and Resources: