What does it take to not only get the attention of VCs, but actually get them to invest in your business? This, of course, is a question that vexes many an entrepreneur. Sure, you can read books and articles and watch videos, but let me suggest a different path:
Watch TV.
Specifically, turn on the show “Shark Tank” on Friday nights. If you have never seen it, here’s a quick recap: Entrepreneurs and inventors come before a panel of multi-millionaires and billionaires (like Mark Cuban and Barbara Corcoran) and pitch their businesses. If the sharks (the investors) like the idea and think it is a market-worthy product, they will offer the entrepreneur some or all of the money the person is seeking in exchange for an equity stake in the business. If they strike a deal, the shark and the entrepreneur are in business together.
To read the full, original article click on this link: How to Pitch a VC: 5 Tips from ‘Shark Tank’ | BNET
Author:Steve Strauss
