Five Tempting Myths of Raising VC Funding

Many entrepreneurs view the venture capital industry as shrouded in mystery. It can be hard for them — and especially for first-time founders, or those from outside the Bay Area— to separate fundraising myths from reality. Unfortunately, these mistakes often close doors that otherwise should have been opened. In the hopes of changing that, I’m going to outline a few key misconceptions that I see derailing pitches day after day. After all, raising funds should be accessible to any great entrepreneur — not just to those lucky enough to befriend insiders.