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 a partner that’s past work experience in your industry is extremely 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 that they have made. In identifying the proper venture capital partner to get hold of for your company, try to look for the partner that, from their background, will truly grasp the ability and can definitely add value.
Once you’ve identified probably the most appropriate venture capital partner, it is essential to work out how to get hold of them. As partners in many cases are inundated with business plans, having an individual connection and/or introduction is the difference between getting heard and not getting heard. For example, in the event that you attended exactly the same university or worked at an organization which they did, call or email them and make use of this while the introduction high west. Or even, it is essential to network. Call people who could have been related to the partner and look for an introduction.
Getting the partner’s attention is the first key hurdle in raising venture capital. The second hurdle is getting them to trust in the ability, and finally, providing them with the enthusiasm and information needed seriously to convince other partners within their firm that investing in your venture represents a sound investment.
Since 1999, Growthink’s business plan writers are suffering from significantly more than 1,500 business plans. Growthink clients have collectively raised over $1 billion in venture capital funding, and Growthink is among the most firm of choice for venture capital firms, angel investors, corporations and entrepreneurs in the know. To learn more about our business planning or private placement memorandum services,