A good description of the process of raising venture capital.
Adam Rifkin stashed this in 106 Miles
Stashed in: Startups, Venture Capital!, Angels, Lolcats!, Funding, Startup Advice
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He talks about what you need to even be considered, the steps leading up to the partner pitch, and what happens after you've received a term sheet: http://techcrunch.com/2012/04/08/excerpt-fundraising-from-1000-to-1000000/
I've raised money 8 times for three startups, and found this article to be an accurate description of the process.
6:48 PM Apr 08 2012