Need Venture Capital?

                    

Getting venture capital is not easy as it’s often a case of being lucky, or knowing the right people.

                       

However, you need planning to get into the game. To ask for funds, a game plan or budgeting proposal is essential. Incubators were a fad for a time, for very early stage venture funding. They proved a flop in the past. Incubators required lots of hand-holding for entrepreneurs. The problem was, there were too many students and teachers often had no ability at the required levels. The eventual dot com bubble showed how futile that effort was. Angel capital is now used for early-stage startups. Classic venture capital is for the level after you generally have some vestige of business operations.

                       

Getting VC funds is usually a sort of lottery, should you have no connections. Those who get funds generally have them, or have gotten funds for earlier ventures. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at twitter.)