What’s the best way to get money from a venture capitalist? What shouldn’t you do if you are seeking capital?
The answers to these questions are especially critical these days as the availability of capital has heavily dried up ever since tech stocks and Internet stocks began to blow up a year ago.
The pressure these days to get the pitch to VCs right is enormous. Suddenly, a slick-sounding business plan and a few numbers just won’t do it.
BeaconVentureCapital.com and the National Consortium of Entrepreneurship Centers (NCEC) put together a “top 10” list of mistakes committed by entrepreneurs seeking capital, which can kill all hopes of receiving financial backing.