Where can I find investors or venture capital firms to invest in my social networking website


rubberducky :) , Monday, 16th of August 2010 05:30:55 PM

Where can I find investors or venture capital firms to invest in my social 
rubberducky :)
networking website 
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Joined: Wednesday, 12th of May 2010, 12:24:56
 
Posts: 141
 
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Cherry Sweet , Tuesday, 17th of August 2010 06:17:31 PM

Getting VC financing is very difficult particularly in the  
Cherry Sweet
current economic environment. They are looking for the combination of a  
Registered User
compelling product/technology & the technical & managerial talent to make  
Joined: Sunday, 6th of June 2010, 21:23:17
it a reality. It is often more about the team & ur ability to build a  
Posts: 1029
business around either a new technology, product(s) or a powerful business  
Viewed 6258 times
model that it is a specific idea.  
 
Its important to understand that VCs primarily invest in great management  
teams and/or exceptional technologists. So, if you don't have the  
background, I strongly recommend you get it before pitching ur idea.  
Generally, you need to have either several years of senior corporate  
experience in the right area for ur venture or be a technical expert in  
the field of ur products/business model. If you don't want to wait until  
you acquire the knowledge yourself, you need to recruit it into ur team.  
 
If you've got the goods, research the vc firms to find those that invest  
in ur product/business area. Then, network to get a referral if possible.  
It is much better to get a referral than mailing ur plan in. VCs get  
hundreds of busines plans & pitches & it is very hard to standout if you  
mail it in. Make sure you are really prepared with a well-thought  
presentation & be prepared to answer questions about ur market &  
competition. Good luck.  
 
 
 
 
 

Boopy , Wednesday, 18th of August 2010 09:31:39 AM

You need to do/accomplish many things before you can attract  
Boopy
investors.  
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Joined: Tuesday, 27th of April 2010, 12:13:38
First, do you already have a site that is attracting visitors? If not,  
Posts: 1881
then why would I invest money in ur idea?  
Viewed 12517 times
 
If you already have a site, then attend every business networking meeting  
in ur area that gives you a chance to present/discuss ur idea/web site.  
 
Every city/state/region has some type of venture capitalist group(s) that  
are looking for new investments. Google this type of stuff for ur area &  
start calling/attending/presenting ur business idea & sell it!!!  
 
 
 
 
 
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