Venture capital firms are comprised of individual partners. These partners make investment decisions and typically take a seat on each portfolio company’s Board. Partners tend to buy what they know, so finding someone 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 may 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 features their educational credentials, business accomplishments and investments that they have made. In identifying the best venture capital partner to contact for the company, try to find the partner that, from their background, will truly grasp the ability and can actually add value.
Once you’ve identified probably the most appropriate venture capital partner, it is essential to figure out how to contact 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 capital partners. For instance, if you attended the same university or worked at an organization they did, call or email them and make use of this while the introduction. Or even, it is essential to network. Call people who could have been related to the partner and request an introduction.
Having the partner’s attention is the first key hurdle in raising venture capital. The 2nd hurdle is getting them to think in the ability, and finally, providing them with the enthusiasm and information had a need to convince other partners in their firm that purchasing your venture represents a sound investment.
Since 1999, Growthink’s business plan writers have developed a lot more than 1,500 business plans. Growthink clients have collectively raised over $1 billion in venture capital funding, and Growthink has transformed into the firm of preference for venture capital firms, angel investors, corporations and entrepreneurs in the know. To find out more about our business planning or private placement memorandum services,