Finding Additional Financing
Once up and operating, most of the technology-based companies develop, discover and admit to a larger and growing need for funds beyond their initial financing. This chapter investigates the need for additional financing of high-technology firms, and the time-consuming efforts by their entrepreneurs to raise the funds. It examines the subsequent capital acquisitions by the technical enterprise, including the search processes employed by the entrepreneurs in seeking venture capital, the role of business plans, and the nature of venture capitalist decisions of venture capital organizations.
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