8/14/2004

Jerry's Top Nine Ways NOT to Raise Money from a VC:

More from former full-time VC Jerry Colonna:

Jerry's Top Nine Ways NOT to Raise Money from a VC:

1. Don't beg; it's embarrassing.
2. Don't jump into a cab with them as they're running away from you.
3. Don't stalk; it's scary.
4. Don't hand a business plan to the VC's kids at Little League practice and expect them to pass it along to their Dad; it's REALLY scary.
5. Don't slip it under the front door of their house late at night, when no one is looking; it's call-the-police-honey scary.
6. Don't make fun of their existing investments ("If you like that piece of crap, you'll love my company.").
7. Don't send a business plan written on a napkin. It's trite, silly, and ineffective.
8. Don't threaten to beat them up and, finally,
9. Don't show up unannounced to their office and pretend you have an appointment (this may seem an attractive method since nearly all VCs are over-booked and are lousy at managing their schedules and it's entirely possible that they forgot about your meeting. If you do it, you'll make an enemy of their assistant. You do NOT want to make an enemy of the VC's administrative assistant.)

Read the full article from Inc.com here.