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There is basic information an investor will want to see before they become interested in you and, your online venture. But basically, it’s all about returning tons of money to the investor. It's never about making you a multi-millionaire. If you can answer the following questions honestly, then, you're ready to speak to potential investors.
August is Venture Capital Month at Anthill and last week we launched a new series written by San Francisco-based Steve Anderson focusing on the capital raising cultures in Australia and the US. Today, Anderson discusses the comparative advantages and disadvantages of pursuing funding from Australian VCs or US VCs.
Are you seeking a template that is purposely designed to accompany a business bank loan? BusinessPlans.com.au has prepared hundreds of business plans for bank loans...
People ask me quite regularly if I can look over their numbers prior to them talking to potential funders. I have generally been happy to do so, but the truth is that I will have no clue. Neither will the potential funders. And, most likely, neither will you. The thing about most new ventures is...well, they are new. So we put down our best guesses, present them as the gospel truth and everyone pretends they know more than everyone else. What a crock.