Andreessen has a great blog post about "the truth about venture capitalists ," but I'm wondering what others think, and how other have approached VCs.
I guess a quick list of things I'd consider important:
1. have a good business idea/plan
2. have movement/momentum/traction
3. start early and build relationships based on regular progress updates (even if the plan keeps changing)
4. be prepared to spent a lot of time where the VCs are
5. go in asking "so what's wrong with my business" not "why don't you love me"
oh and 6. meet and talk with other CEO's and bounce your plan off them![]()
Sending ...