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What qualifications do you have to have before obtaining money from an Angel Investor or VC / VC Firm?

  • Does your venture have to be a completely new business idea or can it be one that has already been tried and tested true? (ie. Could you open another cable TV company that offered lower prices and have it be invested in by an Angel/VC?)
  • Does your business have to be high risk? Would an investor or VC accept a venture that has a solid business plan and very high probability for success?
  • Does it have to have the potential to yield very high reward in the immediate future? Would an investor or VC accept a venture that had the potential to grow over 10 years, but not in the immediate future?
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They look at many things, and both are about the entrepreneur and the business startup. They check that you're relaible and track your records. Also they'll look at the sales potential your business has and the quality of the product/service.

They check the niche and the competition, as well as the rate of return, financial rewards and business margins.

Then what you need to have is a business plan, clear simple and well-written.

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