Ten Ways to Increase Your Chances of Raising Venture Capital

Published: 1/8/2007 11:58:57 AM

#7 - Become an expert at follow-through

Your follow-through with potential investors is indicative of what your habits will probably be like with employees, customers, partners and your board. 

A deal can "stale out" in an investor's thinking if they haven't heard anything about it in a while.  Investors are busy, usually reviewing multiple deals at one time.  If they haven't chosen to invest yet, your steady and consistent follow-through will help keep them on track, keep them involved in the process and give them a sense that the deal has momentum.

With investors, until you receive their investment check in hand, don't assume that you can stop following up with them.  Anything can happen in their mind that can change a previously-communicated decision to invest.

For many investors, the final "Go" decision is sending out the check or wiring the funds.

Don Jones


Don Jones
CEO, VentureDeal

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