Venture Capital

Hey guys... I am looking on some information about receiving venture capital.

Like what types of companies do so, and what to expect.



I am looking for pretty much all the info I can get right now so links would be awesome.

Thanks.

 

Try http://en.wikipedia.org/wiki/Venture_capital and http://www.google.com. Are you just reading up or are you looking at trying to get some?

 

I would like some yes.... Its the only way I see myself getting the funds I need to support my new project (SiteAmount). I am very serious about growing it into a very good online tool and making it more accurate.

So far I have seen a good reaction to everything but the speed which is mostly do to my crappy host.

I am looking for VC for server money. I am also working on putting a proposal together to send to companies like AMD and Intel to see if they would sponsor the site.

 

Venture Capital funds generally deal in the millions of dollars...

If you just want money to get a dedicated server (or 2 or 3) you're hitting up the wrong people.

You need angel investors.

 

What you need is a business plan and a prototype of the project you will undergo.

The business plan is the most important of the two.

 

This is kind of off topic, but what does the site actually do?

And instead of going for a big computer company that isn't going to care about a brand new site, start off with a small company with only one or two data centers. This will give them something to host, and help get their name out there. Be sure to provide some gimmick for them to grasp their attention. e.g. eBay has the image in the upper-right-hand corner of the site that says something like Java Technology, powered by Sun. You can do something like that too!

 

Post an ad on here and sitepoint asking for some capital.

 

I am defiantly thinking about it. Who ever provides a server will be featured everywhere on the site. I am also going to email retailers such as Newegg, Dell, and HP to see if they would provide anything.

And with all the new features I have coming im sure this site is going to explode.

 

What you need is an angel investor they deal in smaller amounts then VC do, plus they usually have experience to help you get going and are usually local.

 

Thanks for the advice. I think I may have another idea also.

Ill keep yeahs updated

 

Well, here is my idea.... A link site to get me some resources to work with.

Read the full thread here:

 

First thing you need would be a well written business plan.

 

For the amount of resources you are suggesting you need, I would honestly suggest rationing some cash out of your offline job to get the site going.

Investors/venture capital is nothing but hassle, unless you genuinely need a few thousand to play around with.

 

one of my friends knows this guy who is into the whole venture capital game, he is interested in investing with me once I have a profitiable and niche idea as he has seen my skills in the past.

 

I have a really nice idea but I am just scared to ask some one for big money for it.. I am trying to support it from my personal savings..

 

What is siteamount? I have few dedi server. Let me know if you need my help.

 

Definitely read some books on it. I can't remember the exact titles, but I will look them up and post them here later if I can remember.

 

There's an excellent article in the May 2007 edition of Entrepreneur magazine regarding the use of Venture Capital databases to find investors for your company. BuzzLogic credits the Growthink Research database for helping it find investors for its $9.6 million Series A funding round which closed earlier this year.

http://www.entrepreneur.com/magazine/entrepreneur/2007/may/ 177098.html

 

This is so true.

In the case of this or any situation where you are trying to get support or funding from another company, a very strong business plan is very important. It is also a good idea to have some strong business management history. It's hard for someone with no real business experience to get funding for a new business. Coming up with a good idea is one thing, but starting and running a successful business is entirely different. Investors also like to see you put your own money into the company as well.

In this situation, I think that it would be easier to get a donation for something as cheap as a server, than getting actual capital, unless you have past history and a solid enough plan to impress some investors.