Saturday, November 20, 2010

FEATURED ENTREPRENEUR - Recreational Resort in the Upper Midwest USA

Proposal Category: Entertainment & Leisure

CLICK HERE FOR MORE INFORMATION

We are currently seeking a Joint Venture partner to assist us with the development and operation of an exciting resort project in the upper Midwest.
 
The business proposal is completed, the municipality has approved the conceptual plans, and the due diligence was very thorough.  All major contractors and consultants are in place, and ready to go.
 
The cost to develop is $45M.  We are open to discussing any reasonable terms for partners interested in joining us in this exciting venture.   The exit strategy will also be very attractive to those not seeking a long-term commitment.

Thursday, November 18, 2010

CONNECT WITH INVESTORS - VENTURE CAPITAL FUNDS

Vcequity connects Venture Capital and Angel Investors with Start-ups & Entrepreneurs searching for Venture Capital Funds.

Tap into real Venture Capital opportunities.

 

INVESTORS WANTED - 100% FREE MEMBERSHIP

How to find VC funds....

Are you ready for a VC? 
As an entrepreneur or a would-be entrepreneur looking for funding, the first question you need to ask yourself is whether you are ready for VC funding. The bad news is that your project may just not be in the stage or size to get a VC interested.

Different stages of a business idea require different levels and types of funding. Unfortunately, a profusion of business model competitions have lumped all these funding options under the umbrella of the VC leaving may entrepreneurs confused in the process. From a funding angle, a business can be divided into four stages – the seed or concept stage, the venture capital (VC) stage, the Private Equity (PE) stage and the initial public offering (IPO) stage.

The seed stage is when the business is pretty much an idea. You do not have a product or clients. Possibly you do not even have a team or a business plan. Perhaps a prototype is ready. And you know that you need more funds than can be organized by borrowing from friends and immediate relatives.

This is NOT the stage to approach a VC.

Laura Parkin has been on all three sides of the table. She has set up two entrepreneurial ventures with funding, has worked in a VC firm and now, as Executive Director of the National Entrepreneur Network regularly acts as an interface between budding entrepreneurs and various funding entities. According to Parkin, VC funding is really not for startup stage companies. “Other than seed fund, most VCs are looking for a proven business model and customers and would like to see their funds used to scale up the operations, rather than test a business model. Even Angels in India would like to see working prototypes”.

Unfortunately, many entrepreneurs choose to approach a VC at this stage; and get badly burnt.

This is the stage at which you should look for seed funding or Angel funding. Your funding requirements are smaller and more importantly your company is probably a long, long way away from value realization (IPO, acquisition etc.). Angels will also probably give you more of their time and expertise, which is very critical and important at this stage.

But, there are VC funds that do look at concept stage companies. GVFL (Gujarat Venture Finance) started by Vishnu Varshney, who is considered to be the father of the Indian venture capital industry is one who invests into concept stage companies. Varshney says that “if you are a startup or an early stage company, private funds will not give you the money. Most of them will ask you to go get the money from somebody else and bring it to some stage where they see fit to invest in. We don’t do that. We will be looking at even early-stage companies. More than 30% of my investees are at the concept stage. We do not wait for them to scale up. If the promoter is good, the concept believable and credible, we do not mind giving money to start-ups”.

The second stage, where you have a prototype, if not a product ready, have bagged a few customers or at least have a few customers interested and have a realistic business plan ready is when you should approach a VC for funding. Here again, too many business plan contests have spoilt it. You can make a great business plan in Excel, but what about market realities? Remember that a good VC like Varshney, who in seventeen years has received over 5,000 proposals, and has invested in 61 companies comes with experience across many companies and many, many business plans.

Will you scale? 
Some projects may just not attract VCs because they are not scalable in size or scope. If your end objective is a company that employs ten mechanics making plastic buckets, for example, then you are unlikely to attract the attention of any VC. Like Varshney points out, most VCs look to exit the project in about four years and by then the project has to reach a scale where a PE fund gets interested in them or they become the target of an acquisition. Only very few startups go directly from VC funding to IPO. The message coming from the VC community is very clear. They are not investing in any company for keeps. The entrepreneur has to be clear about this and has to include exit options in his planning and even in his initial presentations. Selling back the stake to the entrepreneur is not a preferred option because as Alok Mittal of Canan Partners puts it, that does not maximize the returns for the investor.

Find Venture Capital Funds - WORLDWIDE - Venture Capital Funds

CONNECT WITH INVESTORS - VENTURE CAPITAL FUNDS
Vcequity connects Venture Capital and Angel Investors with Start-ups & Entrepreneurs searching for Venture Capital Funds.

Tap into real Venture Capital opportunities.

INVESTORS WANTED - 100% FREE MEMBERSHIP

Finds funds the easy way - Free to join for all Investors

The Good, Bad and Ugly « FIND VENTURE CAPITAL FUNDS

TELL US WHAT YOU THINK

November 19, 2010 by vcequity Leave a Comment (Edit)

We want all members to be happy with www.vcequity.com and value for money for the Entrepreneurs and Startups, so we  want to know, ‘warts and all” the good, the bad, and the UGLY!

We’ve been around the block, so if you have a “bad” comment, we can handle it (I Hope), so post us your thoughts and comments.

 

Cheers

Jez – www,vcequity.com

 

The Good, Bad and Ugly « FIND VENTURE CAPITAL FUNDS

TELL US WHAT YOU THINK

November 19, 2010 by vcequity Leave a Comment (Edit)

We want all members to be happy with www.vcequity.com and value for money for the Entrepreneurs and Startups, so we  want to know, ‘warts and all” the good, the bad, and the UGLY!

We’ve been around the block, so if you have a “bad” comment, we can handle it (I Hope), so post us your thoughts and comments.

 

Cheers

Jez – www,vcequity.com