I am a seasoned person of the communications industry and ready to find a VC to get my business going.?

Answer 1

Are you? (I love those who like to awkwardly turn statements into questions when they are not quite questions the way they are worded)

I knew a guy that got laid off during a recession who spoke that way. It was long, hard sledding and didn't work. You are aware that most new businesses tend to go out of business fairly quickly, aren't you?

May I recommend that you get to know the nice folks at the Small Business Administration. I speak facitiously, at first they may seem a little short and gruff. They get a lot of starry-eyed dreamers that hope that the government will just give them a check and, voila, they are in business. They will give you many things to consider plus connect you with SCORE, a group of retired businessmen who act as consultants, and small business investment companies (SBICs). These are investors who get some government support for their venture capital in case your venture fails. Good luck.