First time entrepreneur.
5 March, 2009
Are you a first time entrepreneur?
Are you looking to raise capital?
It is easy, please provide investors the following documents:
- wonderful resume,
- proofs that you’ve already had 3 successful IPO exits
and we are done.
Do i have to remind you that Bill Gates, Steve Jobs, Larry Page , Mark Zuckerberg and others are first time entrepreneur? They all created their venture just after school and all found people who took risk with them.
Why are all investors dreaming about the next Google, Ebay, Facebook…. and do not trust first time entrepreneurs?
There is a strong equity gap in the seed and early stage venture in Europe, we need more business angels, more early stage VCs and investors willing to build, create, write a (his)story.
“Looking at a data set of 1,018 companies, Mr. Gera determined that not a single entrepreneur received venture capital funding by submitting a business plan “over the transom.” By contrast, about 5 percent of entrepreneurs who knew the venture capitalist or gained a personal introduction received funding.
Asked what his finding meant for today’s entrepreneurs, Mr. Gera says, “In this economy, the social network will be even more necessary.”
This is the reason why we came with Capital Booster’s idea and hope to fill that gap.
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