More and more ideas are being brought to the table and we are seeing young entrepreneurs getting their ideas funded by Venture Capitalists. These VC’s are looking for billion dollar ideas and even though every kid on the block thinks his idea will make millions, in the end it’s up to the VC’s to decide if they will be funding this idea or not.
Now how do you go about getting your idea funded by Venture Capitalists?
I know of quite a few folks that pitched their ideas to VC’s countless times before even being considered for funding. Don’t get discouraged, it comes down to determination and handling rejection. The worst thing you could ever do in growing an idea is quit because you don’t have the required funding.
It takes time and hard work to get your startup off the ground and not everyone is cutout for it either. You have to be from a specific breed of human beings. A breed that doesn’t ever give up. It doesn’t matter who or what gets in your way, you will always find a way to get to your goal in sight.
Now let’s take a look at what Don Dodge, Joe Kraus, Paul Buchheit and Seth Priebatsch have to offer in the video embedded above. They talk about attracting investors and what they want to see before writing a check. Listen to experienced entrepreneurs who have raised money and VC’s who have funded them.
This video will give you a base to go on. If you want your startup idea funded, I recommend you watch the entire interview.