Raising the TOUGH MONEY. Part II Private & Public VENTURE CAPITAL

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Ernest Booth
8 years ago
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1 Raising the TOUGH MONEY Part II Private & Public VENTURE CAPITAL

2 EQUITY CAPITAL Type of Capital & Stage of Investment

3 Equity Capital Early Stage Later Stage Bootstrap Angels Private Venture Capital Public Venture Capital Mezzanine Buy-Out Seed Start-up Expansion Replacement Capital Buyout Leadership is a potent combination of strategy and character. But if you must be without one, be without the strategy. - Gen H. Norman Schwarzkopf

Capital Buyout Leadership is a potent combination of strategy and character.

4 Equity Capital Early Stage Bootstrap Seed Thinking is the hardest work there is, which is probably the reason why so few engage in it. - Henry Ford

5 Equity Capital Early Stage Bootstrap Angel Seed Start-up If we could sell our experiences for what they cost us, we'd all be millionaires. - Abigail Van Buren

6 Equity Capital Early Stage Later Stage Bootstrap Angel Private Venture Capital Seed Start-up Expansion A bad design with a good presentation is doomed eventually. A good design with a bad presentation is doomed immediately. - Anonymous

design with a good presentation is doomed eventually.

7 Equity Capital Early Stage Later Stage Bootstrap Angel Private Venture Capital Public Venture Capital Seed Start-up Expansion Replacement Capital The measure of success is not whether you have a tough problem to deal with, but whether it's the same problem you had last year. - John Foster Dulles

Capital The measure of success is not whether you have a tough problem to

8 Equity Capital Early Stage Later Stage Bootstrap Angel Private Venture Capital Public Venture Capital Mezzanine Buy-Out Seed Start-up Expansion Replacement Capital Buyout Behold the turtle, he makes progress only when he sticks his neck out. - Bruce Levin

Start-up Expansion Replacement Capital Buyout Behold the

9 Guy Kawasaki Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat. - Sun Tzu

10 Entrepreneur 1. In year 3 we are going to do $75 million, and our projections are conservative. Investor Multiply those forecasts by 10% and add five years Obstacles are those things you see when you take your eyes off your goal. - Henry Ford

11 Entrepreneur 2. Gartner forecasts our market will be $50 billion by 2008 Investor This is the fifth $50 billion market I ve heard about today Do not go where the path may lead, go instead where there is no path and leave a trail. - Ralph Waldo Emerson

12 Entrepreneur 3. Amazon will sign our deal next week Investor Call me when you get Bezos s signature It takes twenty years to build a reputation, and five minutes to ruin it. - Warren Buffet

13 Entrepreneur 4. We have these great key employees. As soon as we get the $2 million from you, they're going to quit their CEO positions and join our team. Investor Give me their phone numbers so I can verify this story The vision must be followed by the venture. It is not enough to stare up the steps - we must step up the stairs. -Vance Hayne

14 Entrepreneur 5. We have first mover advantage Investor It s the first to scale, not the first to move, that matters The world is moving so fast these days that the man who says it can't be done is generally interrupted by someone doing it. - Harry Emerson Fosdick

15 Entrepreneur 6. Several VC s are already interested. Investor Really Where s the term sheet? The real voyage of discovery consists not in seeing new landscapes but in having new eyes. - Marcel Proust

16 Entrepreneur 7. Oracle is too slow to be a threat Investor And if arrogance were venture capital, your deal would be oversubscribed You measure the size of the accomplishment by the obstacles you have to overcome to reach your goals. - Booker T. Washington

17 Entrepreneur 8. We are glad the bubble has burst Investor We are too, your valuation just dropped 50% Those who leap sometimes lose, but those that do not leap always lose. - Lester Thurow

18 Entrepreneur 9. Our patents make our business defensible Investor Hire more programmers, not patent attorneys Success is not the result of spontaneous combustion. You must set yourself on fire. - Reggie Leach

19 Entrepreneur 10. All we have to do is get 1% of the market Investor We want to fund a company that will get 99% of the market It s far better to buy a wonderful company at a fair price than a fair company at a wonderful price. - Warren Buffet

20 Integrity is the ESSENCE of everything successful - Buckminster Fuller

Key Steps Before Talking to Venture Capitalists

Key Steps Before Talking to Venture Capitalists Some entrepreneurs may not be familiar with raising institutional capital to grow their businesses. Expansion plans beyond common organic growth are typically