Venture capital industrys idea of global presence is a hype unless due diligence is done properly.

Anytime is a challenge for entrepreneurs looking for venture capital but now even more so. Competition is fierce and the jousting for the prize of venture capital funds bloodier.

Many ventures are faced with the challenging task of raising venture capital. The first part of this process is finding the right venture capital firm (VC). While this may seem simple, it isn’t. There are thousands of venture capital firms in the United States alone, and going after the wrong ones is one of the most common reasons why companies fail to raise the capital they need.

This essay discusses the strategic implications of funding your business using Venture Capital, Angel Investment Groups, or Bootstrapping, i.e., Self-Financing.

If you are thinking of raising venture capital for your company, here are ten sure fire ways to get turned down. Avoid these mistakes if you would like to be successful.