How do some companies raise millions of dollars in venture capital, whereas others can't raise a single round?
I asked the CEOs of four successful companies how they raised $50 million or more in venture capital and the challenges they faced to reaching their fundraising goals. Here are their top pieces of advice:
Start with the idea An innovative idea is more valuable than the money needed to bring that idea to life. Raising capital begins with building a quality company and offering a novel product and service.
