When seeking VC funding, an entrepreneur should:
A) look for a VC firm whose interests fit well with his or her new business idea
B) send the VC firm an unsolicited copy of his or her business plan
C) call the president of the VC firm to set up an appointment
D) b and c

Question

Quizplus · Accepted Answer

VC firms are more likely to invest in startups that align with their investment strategy and areas of interest, making it crucial for entrepreneurs to research and target firms that match their business idea. Unsolicited business plans and direct calls to high-ranking officials are generally not effective strategies.

When Seeking VC Funding, an Entrepreneur Should