When a start-up needs to raise venture capital, the chief executive usually handles the fund-raising process of pitching the business to investors.
But for clean-technology companies that require massive amounts of capital to challenge huge incumbents in energy and fuel supply, fund-raising is often a constant effort that involves a number of potential investment partners, especially corporate and government players. It can be so time-consuming and cumbersome that these companies should consider hiring a special executive solely to handle the fund-raising, said Marc van den Berg, managing director at VantagePoint Venture Partners.
To read the full, original article click on this link: Do Clean-Tech Start-Ups Need A Chief Capital Formation Officer? - Venture Capital Dispatch - WSJ
Author: Yuliya Chernova
