The Next Round

There is a lot of advice on the Web about how to raise venture capital. Much of it comes from VCs telling you how you can convince them you are attractive — the VC form of Elaine’s interview “Are you spongeworthy?”

Some of the counsel is written by consultants, business development people, company evangelists, and others who think they understand the process because they have been circling around it a long time. This seems to me like taking medical advice from your doctor’s receptionist. Watching isn’t doing.

Full Story: http://earlystagevc.typepad.com/earlystagevc/2006/04/the_next_round.html