Where does an 18 YO get Venture Capital?
Question says it all. I was hoping one of you might know/have rich relatives/have brass balls.
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They will give you examples of how to build a business plan, crunch the numbers to give you 'projections' of potential earnings and tell you what you need to do BEFORE you approach the bankers. If it is a REALLY GREAT idea, they might even have some $$$$$$$ available. Did you know that FED-EX came from a college 'Economics Class' project?? The teacher LAUGHED IT OFF and gave the guy a 'crap grade'. If you have any marks on your credit report, fix them! If you have no credit at all, (even worse!) GET some somewhere! Sears, Wal-mart, JC Penny. Charge something and pay it off right away, ( several times) Good LUCK!! |
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Google was a college project, as well.
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what the **** is venture capital?
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Break it down now: Capital = money, cash, green, Benjaminz. Venture = an undertaking or project that involves risk. ergo, some dollars for starting a business. |
i see.... ~
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Read Robert Kyosaki's book "Cash Flow Quadrant" and you'll see that the best way to go is to run a B type business or become an investor and make your money work for you.
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I think you missed your boat in '99, however maybe just add bio to whatever it is you need to take public and you may have a chance
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lets be clear on the "venture capitalists" and what they do. They take existing companies which are private S/C corps, and go public with them, sometimes holding their hands sometimes not. They make their money when the company goes public, and they are paid out multiples hopefully of their shares they paid pennies for
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But for the most part, being a venture capitalist (at least a smart one) means you're rolling in the cash and have some cool "ins" in a lot of different industries. |
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