Selling
or Closing | Investors
Dealing with Investors
Many people start a business with visions of
investors rushing to put money into their company. A few find
investors who actually do invest. But the road from sitting
around the kitchen table thinking great business thoughts
and seeing $XX,000,000 wire transferred into your company’s
bank account is rocky and fraught with frustration.
Here’s a very quick and simplified typical
progression: Start business, draft
business plan, present plan to various investors, get
rejected, re-write business plan, run out of money, find angel
investor, re-write business plan, find lead investor, spend
three months and kill large tracks of forest writing up “Series
A” deal, lose lead investor, find new lead investor,
re-write deal for smaller amounts, find secondary investors,
reconsider whether you really want outside funding, close
deal.
Where to go from here ...
Click
here for a discussion of some of the terms encountered
during the course of a typical Venture Capital deal
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