Venture capital firms are composed of individual partners. These partners make investment decisions and typically take 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 very helpful. This relevant experience allows them to more fully understand your venture’s value proposition and gives them confidence that they’ll add value, thus encouraging them to invest.
Fortunately, most venture capital firm websites list their partners with great pride. Each partner typically has a bio that includes their educational credentials, business accomplishments and investments they’ve made. In identifying the proper venture capital partner to contact for the company, try to look for the partner that, from their background, will truly grasp the opportunity and really can add value.
Once you have identified probably the most appropriate venture capital partner, it is essential to figure out how to contact them. As partners tend to be inundated with business plans, having a personal connection and/or introduction is often the difference between getting heard and not getting heard. For instance, in the event that you attended exactly the same university or worked at a company which they did, call or email them and use this since the introduction. Or even, it is essential to network. Call people that could have been associated with the partner and ask for an introduction.
Getting the partner’s attention is the first key hurdle in raising high west capital partner. The 2nd hurdle is getting them to believe in the opportunity, and finally, giving them the enthusiasm and information had a need to convince other partners in their firm that purchasing your venture represents an audio investment.
Since 1999, Growthink’s business plan writers allow us 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 about our business planning or private placement memorandum services,