what is a good venture capital company for a start up clothing company?
Posted by admin on 28 Oct 2008 8:45 am. Filed under Small Business.
Dwight Kong
I have a great idea that when launched will be in high demand. If I start out with my current budget, my inventory will not match the demand. I would like to talk to a venture capital company or angel investment company to see if they would agree; preferably something familiar with pop culture and urban clothing.
I have a great idea that when launched will be in high demand. If I start out with my current budget, my inventory will not match the demand. I would like to talk to a venture capital company or angel investment company to see if they would agree; preferably something familiar with pop culture and urban clothing.
3 Comments to “what is a good venture capital company for a start up clothing company?”
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On October 31st, 2008 at 1:56 pm
Business 2.0 has a very good article on angel investors, what they typically look for, what kind of investments they support, etc.
You may want to go and pitch your ideas where investors gather. Here are some places where angel investors come and those looking for funding can come and pitch their business plans. Be sure to have a strong business plan and describe what makes your business idea stand apart:
Angel Capital Association
Angel’s Forum
Band of Angels
Common Angels
Keiretsu Forum
Launchpad Venture Group
New World Angels
New York Angels
Robin Hood Ventures (charges $250)
As for venture capital firms, here are some directories that you can use to search for VCs. You must have a potentially highly profitable idea for VCs to even start listening to you — it will help if you have on your team a person who can open VC doors for you
On November 2nd, 2008 at 12:37 am
Are you just printing t-shirts or actually doing unique sewing and knitting.
Two different businesses.
On November 3rd, 2008 at 9:00 am
“I have a great idea that when launched will be in high demand.”
You have any idea how many times venture capitalists hear that statement every day? You need a solid business plan…a REAL one, not just some ideas on paper. Use a program such as Business Plan Pro or similar to help you get it done. I promise you, it’ll take some time to prepare one. Once you have the finished plan…run it through a CPA to make sure the numbers add up. If they don’t, you’re done. Only AFTER you’ve done this, should you worry about investors. They don’t want to hear your ideas, they want to see real numbers that represent a solid return on their money. You can cruise angel websites until you die, and accomplish nothing. You’ve got a lot of work ahead of you in this kind of venture, so you need to decide now if you’re really willing to do it. Most business ideas never get past the “sounding board” stage to begin with, and there’s a world of difference between somebody looking at your proposal, and performing “due dilligence” and funding.