Raising Capital: When You Don't Have a Silicon Valley Address
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Nevertheless, the competition for funding remains intense. Darrell Glasco, Venture Capital Relationship Manager in the Southeast for SVB Silicon Valley Bank, makes it clear in his interview that raising capital means proving your business is worthy: ''The issue isn't finding capital; it's finding a good company to put the capital in,'' he said. And serial entrepreneur Jim Stratigos, currently CEO of Jacket Micro Devices, tells entrepreneurs that they must demonstrate commitment: ''. . . you have to ask yourself if you are ready to be an entrepreneur. Are you ready to devote the time it's going to take to do it? This means making your company the center point of your life for several years.''
Entrepreneurs reading the advice contained in this compilation of interviews will understand how funding professionals think and can use that insight to better position their businesses to attract capital investment.
