Venture capital firms are composed of individual partners. These partners make investment decisions and typically have a seat on each portfolio company’s Board. Partners tend to purchase what they know, so finding somebody that’s past work experience in your industry is quite helpful. This relevant experience allows them to more fully understand your venture’s value proposition and gives them confidence that they can add value, thus encouraging them to invest.
Fortunately, most venture capital firm websites list their partners with great pride. Each partner typically includes a bio that includes their educational credentials, business accomplishments and investments they’ve made. In identifying the proper venture capital partner to contact for your company, look for the partner that, from their background, will truly grasp the opportunity and can really add value.
After you have identified the absolute most appropriate venture capital partner, it is important to work out how to contact them. As partners in many cases are inundated with business plans, having your own connection and/or introduction is the difference between getting heard and not getting heard west capital. For instance, in the event that you attended exactly the same university or worked at a business that they did, call or email them and utilize this whilst the introduction. Or even, it is important to network. Call individuals who could have been related to the partner and request an introduction.
Having the partner’s attention is the initial key hurdle in raising venture capital. The 2nd hurdle is keeping them to think in the opportunity, and finally, giving them the enthusiasm and information needed seriously to convince other partners within their firm that investing in your venture represents an audio investment.
Since 1999, Growthink’s business plan writers have developed significantly more than 1,500 business plans. Growthink clients have collectively raised over $1 billion in venture capital funding, and Growthink is just about the firm of preference for venture capital firms, angel investors, corporations and entrepreneurs in the know. To find out about our business planning or private placement memorandum services,