Q: I am putting together a document with two friends in order to approach aventure capitalist for an Internet-based start-up business. We believe wehave a very good idea but are not sure about implementation costs. Arefinancial projections important for the Internet market, or is it the numberof people you are going to attract?
A: Potential for traffic is a very serious component of the Internetbusiness plan, but venture capitalists are looking for more these days.
Yes, Silicon Valley is still awash in VC big money, even more so today becauseso many have made piles with their Internet investments. Here's some advice for approaching VCs with your concept:
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