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Venture capital..where do I go??
Oyster
#1 Posted : Wednesday, February 17, 2010 2:01:02 AM
Rank: New-farer


Joined: 2/17/2010
Posts: 29
I need venture capital to open up an up-market car dealership to rival the major players in the industry (CMC, DT DOBIE ETC).The dealership will sell new and used cars. I need mega millions just to get it started...does anyone know where I can start. Thanks in advance.
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muganda
#2 Posted : Wednesday, February 17, 2010 3:22:46 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
@Oyster, what about track record? (the companies you mention have been built over decades) This may be key requirement from the venture funds, hence limiting your options from the normal Aureos, TransCentury, Amana etc.

Maybe the key would be to start small myc4.com, GroFin. Or some Kenyans living abroad...

Or alternatively, approach investors already playing in the industry with a new angle but they'd take up most of the shares.
Oyster
#3 Posted : Thursday, February 25, 2010 11:33:25 PM
Rank: New-farer


Joined: 2/17/2010
Posts: 29
@Muganda..Thanks for your advice, much appreciated. Do you have more names of Venture Fund companies?
Kaufman
#4 Posted : Wednesday, March 03, 2010 5:01:17 PM
Rank: New-farer


Joined: 1/29/2010
Posts: 23
Google "Angel Investors" might be lucky.
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