This article is truly a must-read for anyone thinking about seeking out VC funding for the first time. Venture Capitalists really leave no stone unturned to find out about you, your people and your track records before they invest. Also, please be sure to read to the very bottom of the linked article, including the last paragraph where it says VC’s are looking to make 5-10 times their investment in 3-5 years. By my calculation, this equates to an internal rate of return in the 60-70% range. If this seems greedy on the VC’s part, bear in mind that some investments never pay back a dime! - dr