A reader asks: My co-founder and I recently launched a new web venture, and we’re running out of money. We are trying to raise about $250K, but we don’t have any friends or family who can afford to invest – and we don’t know any angel investors. Can you give us some advice as to what we can do to raise money?
Answer: You’re hardly alone in this predicament. While it’s tough convincing investors of the value of your venture, sometimes it’s nearly as hard to find potential investors in the first place. Here are three different approaches to help out.
Network. Network. Network. – The best advice I can give you is to hustle and build relationships in order to get “warm” introductions to investors. These can be anything from an introductory phone call to an email from a middleman the investor trusts and respects. The ideal middleman (or woman) is a successful entrepreneur whom that investor has backed.
To read the full, original article click on this link: 3 ways to raise seed capital if you don’t know any investors | VentureBeat
Author: Scott Edward Walker
