Venture Capitalists: No Means No (Referrals)
Many people are taught in business school, conferences, and seminars to 'always ask for a referral if you are rejected.' In some circumstances, this is sound advice. But when soliciting venture capitalists, asking for a referral after you have been rebuffed is an inappropriate breach of courtesy.
Do You Really Need Venture Capital
More and more companies are emerging as profitable sustainable businesses with out ever having raised a dollar from outside investors. Sure Venture Capital has its welcome benefits, but it does not guarantee your success. If so many firms are creating sustainable profitable businesses with outside capital, why are you so adamant about trying to raise funding?
What to Look For in a VC Term Sheet
If you've gotten to the point where you've been handed a term sheet from a potential venture capitalist or investor, congratulations, but the road doesn't end here. Term sheets over the years have gotten more and more complex and investors insert more terms that tilt the favor in their direction.