Before I give you the secrets to raising capital, here is a truth for all you starry-eyed entrepreneurs looking to create the next unicorn. Without capital, your idea will most likely never see the light of day, that sought-after IPO or a $100 million exit.
Capital is the lifeblood of a company. That is why thousands of companies flock to Silicon Valley to try to find the holy grail of “getting funded.” Having raised capital for my own company and invested in companies that are raising, I know that it is certainly no picnic. In fact, one of our portfolio companies had to pitch 189 times to get their initial $4 million.