Thomas Heath - A peek inside a venture-capital pitch meeting - washingtonpost.com | Small business news; tips; networking

Posted by ShashiBellamkonda under Raising Capital
From http://www.washingtonpost.com 5430 days ago

Tom Heath of the Washington Post had a different column this week.He sat in on a VC meeting and dscrbies how the pitch was. This will be useful when one of my ideas is ready for prime time :)
"Entrepreneurs can't build anything without money. And to get it, one of their first stops is often to a venture-capital firm. I wanted to know more about "VCs," so last month I sat in on a pitch meeting at Grotech Ventures, a Fairfax County firm that has invested in more than 100 early-stage information technology start-ups over the last 25 years."

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Comments

Written by Cathode Ray Dude
5428 days ago

Shashi,

Great article. Thanks for sharing. Though I sometimes wonder why at this late date people who cover business keep stressing the need to seek Venture Capital to launch a business as if it were the only means open to startups. Especially given the recent financial crisis, I'm always interested to see how entrepreneurs find creative ways to finance their ventures without the help of VCs...or bank funding for that matter. Entrepreneurship is about creating value not necessarily simply finding someone to write a check.

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