Tips for Approaching the Venture Capitalists
"A quality introduction is a must. It carries more weight than directly approaching the Venture Capitalists with a business plan...
Venture Capitalists are very busy people. It is always a good idea to rehearse your meeting in the privacy of your own office and time yourself while describing salient points about your company...
Present yourself as a Global Player....
Demonstrate your willingness to risk everything you own....
Remember, Venture Capitalists are smart individuals....If you need a million, do not ask for 10....
Then there are other small things, you must remember:
* Wear a conservative suit to the meeting and avoid flashy apparel.
* Demonstrate your frugality by travelling Economy class and in a modest car.
* Use a decent leatherbound cover to present your business plan."
From this BusinessWorks Inc post.
