Comments on: Top 5 funding mistakes by entrepreneurs http://blogs.reuters.com/small-business/2010/12/08/top-5-funding-mistakes-by-entrepreneurs/ Grow your own Thu, 26 Mar 2015 12:32:24 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: mvnteam http://blogs.reuters.com/small-business/2010/12/08/top-5-funding-mistakes-by-entrepreneurs/comment-page-1/#comment-4452 Sun, 07 Aug 2011 12:36:52 +0000 http://blogs.reuters.com/small-business/?p=3373#comment-4452 As a serial entrepreneur who raised money from both corporate venture group and Private equity firms i would like to comment on your point #2
1) You don’t always need even a executive summary, i never made one, however what i focused was on face to face meeting by figuring out where those investors hang out and ensuring i was there to hear what are Critical Success factors to invest. With corporate venture group all you need is to show them how you can do what you say you will in less time than their internal teams and couple that with an execution strategy. I personally showed to Chevron Technology Ventures, give me milestone based Series A money (investment) in 3 tranches to develop my initial prototype and if i fail they can walk away. This lowered their risk tremendously

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By: ChrisBellacose http://blogs.reuters.com/small-business/2010/12/08/top-5-funding-mistakes-by-entrepreneurs/comment-page-1/#comment-2867 Fri, 10 Dec 2010 16:10:01 +0000 http://blogs.reuters.com/small-business/?p=3373#comment-2867 Also, make sure that you secure the right amount of funding. Your business plan will be off and will have a higher burn rate than you thought. Make sure you get more funding than you think you need. Expect the best, but plan for the worst.

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