The first part of this process is finding the right venture capital firm (VC).
There are thousands of venture capital firms in the United States alone, and going after the wrong ones is one of the most common reasons why companies fail to raise the capital they need.
When seeking a venture capital firm, there are six key variables to consider: location, sector preference, stage preference, partners, portfolio and assets.
Location: most venture capital firms only invest within 100 miles of their office(s).
Sector preference: many venture capital firms focus on specific sectors such as healthcare, information technology (IT), wireless technologies, etc.
This relevant experience allows them to more fully understand your venture's value proposition and gives them confidence that they can add value Thus encouraging them to invest in Blockchain Marketing Portfolio: Just as you should seek venture capital firms whose partners have experience in your industry, the ideal venture capital firm has portfolio companies in your field as well.