And not so much your education. Please don't answer if you don't know.
2007-07-10 06:55:36 · 4 answers · asked by Big G 1 in Business & Finance ➔ Small Business
As much as anything else, they look for proven capabilities ... the ability to run a successful organization. And, again, they will want evidence (that you've done this before).
2007-07-10 16:07:23 · answer #1 · answered by jdkilp 7 · 1⤊ 0⤋
Having been through the Venture Capitalist thing, I can tell you the major things they look for.
1 Is the idea viable? By that I mean marketable. If an idea is great and not particularly marketable, then no sale.
2.Have you identified the market for that item and a method of distributuin. Couple this with sales projections for 1st year, 2nd year, 5th year and 10th year.
3. Are you putting some of your own money into the idea? If you are not willing to invest your savings, then they will not be. I hope this will be of some help.
2007-07-10 07:02:34 · answer #2 · answered by walt631 4 · 0⤊ 0⤋
What venture capitalists care about is how much potential return they can expect on their investment.
They are taking all of the financial risk, and generally that risk is quite high. In return, they expect to minimize the potential for failure to whatever degree they can and they expect *huge* returns on their investment should things work out.
2007-07-10 07:00:11 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No, they look more at the quality of management.
2007-07-10 06:58:20 · answer #4 · answered by Anonymous · 0⤊ 0⤋