Get an email the next time businesscoach shares advice. Build Your Network Add businesscoach to your network. Ignore businesscoach 's future advice. Register for Free. Raising money from VC's is much different than private investors.
Private money is usually friendly money.
Usually they know you and are investing because they trust you or believe in you, as a person. VC's on the other hand are more concerned with the business concept, business model and viability. Asking for an inappropriate amount of money is one sure way for a VC to begin to question your idea. A well written and properly prepared business plan should be able to answer most of these questions and help you get the financing you need. Share your advice now .