Venture Capital Refusals

 I commented yesterday on the basics when applying for venture capital and the need for a suitable business plan.

If you get turned down, as you will often be, keep coming back with follow-ups. Few seekers of venture capital are successful in their early attempts. You must be consistent and persistent to get attention. So stick to these basics and keep trying. Good luck; it counts.

                       

I have found that venture capitalists are not brighter or sharper than most in the financial community. Those who have made fortunes at what they do, mostly have stumbled upon the big winners. They have been taking unmerited bows the way lottery winners do when they pick winners.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)