Getting financing for your startup is rarely easy, but if you approach the wrong investor, you can make it even harder than it has to be. “How can there be a ‘wrong investor’?” you might be thinking. “Don’t I just go with whoever is willing to give me the money?”
It’s not quite that simple. Approaching the wrong investor is kind of like asking someone who’s married out on a date. Not only will they turn you down, but they’ll probably think you’re an idiot.
Many first-time entrepreneurs mistakenly lump angel investors and venture capitalists together. While these two types of investors do have many things in common, they also have important differences. Here’s a quick rundown of how to tell if angels or VCs are right for your company. (Keep in mind that these are generalizations, intended to provide a starting point for your funding efforts.):>>> READ MORE at: