[Matic]

Hello. I am trying to obtain a meeting with a Venture Capital and I want to know a few things.

1. I need enough money for 1 year for personal needs while the company gets started, is it ok to include this in the amount needed for me to quit my current job and pursue this fulltime?

2. What should I be prepared to have when meeting with a Venture Capitalist?

3. How do I get a meeting with a Venture Capitalist? I have developed a prototype and am ready to show it to either customers or a VC to expand

Thanks in advance,

--Troy

[akula]

Troy,

please advise if searching this forum does not answer your questions

http://www.youngentrepreneur.com/forum/search.php

[flourish]

http://angel-investor-guide.com/
http://venture-capital-guide.com/

[StandardVC]

There's an excellent article in the May 2007 edition of Entrepreneur magazine regarding the use of Venture Capital databases to find investors for your company. BuzzLogic credits the Growthink Research database for helping it find investors for its $9.6 million Series A funding round which closed earlier this year.

http://www.entrepreneur.com/magazine...ay/177098.html

[akula]

that's ridiculous...a league table might help the founder get a shortlist but it's in no way gonna help in closing a deal

I don't know one manager who doesn't follow general principles in Tim Oren's information theory

if a founder is so far out of the space to use growthink, they're gonna have the stigma of adverse selection glued to their deal (i.e. have their pitch expeditiously rubbished)

[dosrotties]

If the Ivestor asks for money up front make sure you place it in escrow these cost are for due dillegence, travel, Closing costs and points to broker etc. So if they are scams you don't loss your money. Ussually the fees are reinbursed at time of funding. Asking for living exspenses is sometimes ok but you are reducing the number of oprotunities. Asking for money means you need your hand held. So you need a better biz plan and better results. It better be a billion dollar idea. The investor will also want 49% of you company and or 80% for the more help you need. there are always strings attached.

Good luck

[harrymcwealth]

1. That is called your salary.