Levensohn Venture Partners VC Jeff Karras offers up tips and advice on getting funded
So you want to raise some venture funding? Before you do, keep in mind this one very big mistake entrepreneurs make: They try to raise money too early from venture capitalists.
That's according to Jeff Karras, a VC at Levensohn Venture Partners (LVP), based in San Francisco. Before they go out to VCs, entrepreneurs should build a product, build a team and get some traction to demonstrate what they're doing. "Put your story together and show some proof points," said Jeff.
What are questions entrepreneurs should ask investors? I asked.