how do you find venture capital?

edprush

Platinum Member
Sep 18, 2000
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jjones mentioned he secured investors for a project he was working on.

How do you find investors to present your project to?
 

Nerva

Platinum Member
Jul 26, 2005
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Originally posted by: Reggae4k
pe conferences, lawyers, people with a lot of networking skills, etc.

pe conferences? haha are you joking?
 

FelixDeCat

Lifer
Aug 4, 2000
30,804
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Whats your idea, in general? Good enough ideas attract money on their own.

For example, my girlfriend has some PEZ dispensers to get rid of. I was thinking of creating a website that would gather bidders and sellers in one forum. One "feature" of the website will be the ability to skip the bidding process and "buy it now".
 

Syringer

Lifer
Aug 2, 2001
19,333
2
71
Originally posted by: FelixDeKat
Whats your idea, in general? Good enough ideas attract money on their own.

For example, my girlfriend has some PEZ dispensers to get rid of. I was thinking of creating a website that would gather bidders and sellers in one forum. One "feature" of the website will be the ability to skip the bidding process and "buy it now".

:laugh:

However..

The frequently repeated story that eBay was founded to help Omidyar's fiancée trade PEZ Candy dispensers was fabricated by a public relations manager in 1997 to interest the media. This was revealed in Adam Cohen's 2002 book[2] and confirmed by eBay.
 

Descartes

Lifer
Oct 10, 1999
13,968
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Much of the initial capital for a startup comes from angel investors. This might be friends, friends of friends, family, colleagues or even small firms that focus on providing such capital. Usually this is a route one has to take if they don't have a credible prototype that they can pitch to the major VC firms. Angel investors provide the starting capital, the company builds the first pass, and the 2nd round of financing gets pushed to the larger firms that can take the company to the next level.

 

edprush

Platinum Member
Sep 18, 2000
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I image one should hire the services of an attorney if they plan to divulge their product/service to venture capitalists.