With fear running amok on Wall Street and the future economic picture so uncertain, it can be hard to raise venture capital these days. Over the last 12 months, though, we’ve managed to secure $23 million from both institutions and friends and family.
Part of the trick, we found, was having a well-researched and clearly articulated business proposition that clearly demonstrated a very substantial upside for investors. We cast our net wide, using our own personal networks as well as those of professional fundraisers. And while we were prepared to be flexible on terms, we refused to entertain low-ball offers.
To read the full, original article click on this link: 6 secrets of fundraising success | VentureBeat
Author:Jon Olafsson
