And Here's What Entrepreneurs Should Not Do When Seeking Funding...
Rob Jevon, a partner at Boston Millennia Partners, today posted a list of 10 Mistakes that entrepreneurs make when asking him for money. Jevon funds pharma and healthcare companies, but his advice could apply to anybody: Know what technologies your VC has funded before (and therefore what he understands), know what you're pitching, have a clear plan for how you're going to use the money (not on fancy office space), be concise, think big enough so the VC sees a potential home run (since 15% of his investments are strike-outs), don't play VCs off against each other (they talk), and more.
27 August 2009•1 min read
