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15 Things You Need to Score VC Funding

August 2, 2006 /

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A veteran entrepreneur tells you what venture capitalists are really looking for before they’ll make a deal

I’ve often said that instead of soliciting venture capital for your new startup, you’re better off buying a lottery ticket. You’ll save time, money, and spare yourself a lot of heartache. But when you’ve reached the stage in your business where you have a product that customers love, a business model that works, and a strong management team, everything changes. Now the venture capitalists knock on your door, and the odds of getting a deal become much better.

By Vivek Wadhwa

Full Story: http://www.businessweek.com/smallbiz/content/aug2006/sb20060801_119338.htm?chan=smallbiz_smallbiz+index+page_today%27s+top+stories

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