Action Steps
The best contacts and resources to help you get it done

Look for Internet venture capital firms with expertise in your field

Most venture capitalists in Internet industry specialize and keep their focus narrow to allow the best use of their collective brain trust. The venture capital industry focus on the Internet runs from biotech and communications to health care and web development. The Internet venture capital investment will depend on the ability of the Internet venture capitalist to understand your proposal.

I recommend: Environmental Capital Partners is looking for green industries to provide Internet industry venture capital, while Redpoint Ventures is looking for broadband companies to provide Internet industry venture capital.

Pitch your proposal despite your credit worthiness to venture capitalists in Internet industry

While Internet venture capital firms will certainly check out your credentials and performance to date, they usually are more interested in the value of your ideas than the balance of your bank accounts. There is venture capital for Internet industry money around that you'd never get from a commercial lender.

I recommend: Go Big Network can put you in touch with a variety of Internet VC firms from their one-stop website. Find That Money is another good source for putting out your needs and tapping into a large segment of venture capital industry focus on the Internet.

Go from zero to 60 quicker with Internet venture capital

The best venture capitalists in Internet industry want to see fast results, get their investment and profit out and move on to another venture. Success for the Internet venture capitalist is intrinsically tied to your success, and start-ups with great potential are the prize for most Internet venture capital firms.

I recommend: Day One specializes in start-ups. They claim to hit the ground running with your new venture. Access Venture Partners is another Internet VC that loves to get their hands on promising start-ups in technology industries.

Helpful advice for making the most of this Guide

• •  Get a consultant to help you write your first pitch to an Internet venture capital service. Nowhere is the old adage that you only have one chance to make a good first impression ever so true as when you deal with the Internet venture capitalist.