|
It's no secret that "the numbers" are exceedingly
important to a venture capitalist (VC) when deciding whether
or not to provide money to a growing company. But there
is much more to the VC decision-making process than just
crunching the numbers. Other factors -- including subjective
impressions - may be just as important to what a VC ultimately
decides. It is here that entrepreneurs seeking capital often
needlessly make mistakes that can prove fatal to their pleas
for financial backing. There are 10
mistakes that entrepreneurs often make when looking
for investment capital. Published by Beacon Venture Capital
and the (US) National Consortium of Entrepreneurs, this
article makes very interesting reading.
|