Enthusiastic entrepreneurs looking to raise funding must realise that a great business case alone is definitely not enough to guarantee a favorable outcome. Not preparing adequately for a presentation to an angel investor or a venture capital fund is a sure-fire way of guaranteeing failure.The power of a strong, well polished pitch to funders cannot be underestimated and it warrants considerable time and effort to make sure that you hit the mark first off. Here are some tips on what ...
Many Venture Capital (VC) articles, blogs and the like focus on how to secure VC. But not many disclose that the real work starts post-investment.While the investment decision is critical to portfolio performance, VCs spend more than 60% of their time on post-investment activities in order to grow investments for lucrative exits. These activities can be separated into monitoring (protecting the interests of the investor) and value-adding activities (strategic influence, mentorship and access to networks).It should be noted that ...
In the world of venture capital (VC), ideas are plentiful but fundable businesses are hard to find. Despite the perception, VCs do not fund ideas alone, no matter how solid passionate entrepreneurs believe they are. To negate risk, VCs evaluate proposals based on several characteristics, often in-line with their specific funding mandate, to bridge the huge divide between a cool idea and a fundable business.Differentiated
VC funds are inundated with requests for capital to get start-up businesses to the next critical ...
While I was living in Silicon Valley for a couple of months earlier this year, I had the opportunity to see how a number of the startup accelerators over there function, and also to speak to a number of tech entrepreneurs that passed through their programmes.The formal definition of an accelerator is a "programme designed to assist startup businesses with financial and/or operational resources that will increase their chance of growth and success".After seeing them for myself, my definition is ...
"The average time that a Venture Capitalist spends analysing a business plan is 22 seconds" – Speaker at the 26th Venture Capital Institute, Atlanta, 2000.Since this realisation more than 10 years ago I've often wondered whether it was entirely fair towards entrepreneurs who spend significant time and resources to develop a comprehensive business plan. But top tier venture capitalists (VC's) deal with hundreds of business plans a year, and a decision on whether to take the proposal to the next ...
Somewhat lost in the news because of Google's acquisition of Motorola, Buddy Media, a New York startup raised US$54-million at a US$500-million valuation.Buddy Media helps corporations set up and run their presence on a wide range of social networks.From Buddy Media:We are in the midst of a massive shift online from a search and intent-based world to a social, people-based world. The last three years were about the consumer side of social platforms, as we watched Facebook, Zynga and Twitter ...