10/22/2021 Tip: Will VCs Make Small Investments? | Growthink

10/22/2021 Tip: Will VCs Make Small Investments?

Today’s Quote

“You can’t operate a company by fear, because the way to eliminate fear is to avoid criticism. And the way to avoid criticism is to do nothing.”
~Steve Ross

 

Today’s Tip

Venture Capitalists (VCs) generally don’t offer less than $2 million in funding to companies, and many start at $5 million.

The reason for this is because VCs generally have significant amounts of funds that they need to earn returns on. And it takes them a lot of time to assess new funding opportunities, and once funded, they often like to spend time helping to nurture their investments.

As such, they prefer to make larger investments to fewer companies.

 

Today’s Resource

Forget Old School!

The “old-school” way of raising venture capital is DEAD! 

And that’s why I created this page for you… to show you how to do it right.

See the right way to raise venture capital <– 

There’s a common mistake almost every entrepreneur makes… and if you approach venture capitalists like most entrepreneurs, you’ll NEVER get funded. 

Here’s how to do it right <—

 

Trivia

Today’s Question: What were the dimensions of the “Star Spangled Banner” Francis Scott Key saw flying over Baltimore’s Fort McHenry “by the dawn’s early light” almost 200 years ago?

Previous Question: Before the introduction of the hair dryer in 1920, what common household appliance was promoted for its hair-drying ability?

Previous Answer: The Vacuum Cleaner.

Manufacturers claimed it could be converted into a hair dryer by attaching a hose to the exhaust.

 

Join our Tip of the Day

To get Growthink’s Tip of the Day delivered to your email inbox, enter your information below: