If you’re looking toward the high end of the startups world, meaning the best-of-the-best startups funded by serious venture capital, then I highly recommend reading 9 Quick Tips Learned While Raising $33 Million In Venture Capital, posted last month by Dharmesh Shah at OnStartups.
Actually, even if you’re not at the high end, Dharmesh offers good reading and good thinking for anybody looking to find investors for a startup.
My personal favorite, for the record, is his tip No. 8, “partner personalities matter”:
If you have the luxury of choice, you should put strong weight on the person you take money from, not just the firm and not just the deal terms. I followed my own advice on this in our funding rounds. We had higher offers than the deal(s) we took, but we solved for the best overall deal and the best partner
That’s good advice. And this is a good post.
Tim Berry is the founder and chairman of Palo Alto Software and Bplans.com. Follow him on Twitter @Timberry.
