Raising Venture Capital
In this discussion, with a
focus on the issues as it pertains to raising venture capital from a number of
different individual investors or from a specific venture capital group that has
an interest in your business. For most, it is important to note that if you do
intend to raise venture capital from a venture capital company then you should
people care to allow that specific business to make investment exceeds $1
million into your developing for expanding business. Many venture capital firms,
unlike angel investors, are seeking to make significant investments in order to
achieve a substantial ROI. In regards to the type of investment that a venture
capital group is seeking, they are looking for businesses that provide, on a
compounded year on year basis, a return of up to 35% per year on the capital
that they invest into your new and developing business. Businesses not meeting
this criteria then it may be in your best interest to look for angel investment
capital for small business administration backed loans in order to further your
business operations. Ultimately, venture capital groups are seeking to make
substantial investments in promising
businesses, with the intent to take a substantial ownership stake in your
business, and with the final goal of selling your business to a third-party for
a significant earnings multiple or selling your business to the general public
through an initial public offering.
Unlike angel investors, venture
capital groups and venture capital investors have a substantial interest in
quickly divesting the businesses they have made investments within. Again, is
important to remember that if your business is not going to grow at a rapid rate
then it is very possible that the venture capital group will definitely take
control of your business with the intent to find an appropriate manager that can
produce the 30% to 40% compounded annual return that they're seeking therefore
on behalf of their specific investors.
As it relates to raising
capital from venture capital firms, is imperative to note that you may need a
number of documents in place beyond just a business plan in order to
successfully secure the capital you need in order to develop or expand your
business. These documents include a specific piece of work that showcases
exactly how you intend to use the funds, the specific nature of your business,
and your overall exit strategy so that the venture capital firm that is making a
significant investment in your business so that they are able to see how they
intend to work with their best and with a substantial profit. Unlike angel
investors, venture capital firms have sourced a substantial amount of capital
from third-party investors that are demanding a significant return on their
money. The nature of venture capital, is that venture capital firms ultimately
receive a fee equal to 1% of people assets managed by on behalf of investors
also receiving 20% of the average profits have been generated through their
specific investments into new companies, developing companies, and established
businesses that show a substantial amount of growth potential.
The most common difference is
that you'll immediately notice regarding venture capital firms as it relates to
raising capital outside of angel investors is that they will be seeking to take
a substantial share of your business in exchange for the capital need. As such,
again, we meet strong recommend that you can focus your efforts on raising
capital from small-business investors rather than venture capital groups as a
professional investment firm requires a significant amount of investment in
order to develop or expand its operations. As we also discussed earlier, angel
investors are more willing to have themselves work and the mentorship capacity
as it pertains to your business in addition to providing the capital that you
need.
However, venture capital firms
are unlikely to provide the same level of ongoing support and advice as it
relates to your business. They expect you to be able to fully run your
operations at full capacity, at all times, so that they can very quickly divest
their interest in your business in a 3 to 7 year time frame generate a
substantial ROI that they made into your business. As such, venture capital may
not be for you if your business is in the early stages of its development. This,
is especially true, if you've developed a new piece of technology that can
develop at a low cost without having to sell a majority stake in your business
from the onset of business operations. The future discussions, we will discuss
the differences between a venture capital firm and an angel investor as it
pertains to the amount of equity that you need to sell in order to raise the
requisite capital that you need as well as the amount of control that you'll
need to cede to a specific angel investor or venture capital firm as it relates
to the more specific capital requirements. Prior to engaging in any capital
raising activities, we further strongly recommend that you speak with any
certified public accountant and attorney that can clearly lay out these specific
nature of the type of investment that is best suited for you as it pertains to
developing or expanding your business operations. Many people, as well as highly
experienced entrepreneurs, feel that the only way in order to effectively launch
or expand their business operations is to the acquisition of venture capital.
However, this is not the case. There are many different types of financing that
you can use in order to effectively expand your business operations concurrently
taking a significant amount of control over your business as it expands over a
three to seven year time frame. One of the common issues is often faced by
entrepreneurs as they secure venture capital is that they become very concerned
by the fact that many venture capital groups are seeking to take a 50% to 80%
ownership equity interest in your business if they are willing to provide you
with the capital that you need. This is one of the tremendous downside of
seeking to raise venture capital in that the firm that is providing you with the
financing they need ultimately wants full control over your business. In
addition to not only providing the financing that you need, these venture
capital firms will also want to have a controlling stake as it relates to your
Board of Directors.
This will conclude our current
discussion as it pertains to obtain venture capital for your business venture.
In future articles, we are to continue discussing issues as it pertains to
working with venture capital firms as relates to not only receiving capital you
need to develop or expand their business but also as to the it ongoing issues
that you'll face in regards to selling a majority interest in your business to a
venture capital firm, having a number of directors on your board of directors
that all workers into this other venture capital firm that you're working with,
as well as other pertinent issues as they relate to venture capital investments.