A couple days back I bumped into and subscribed to a new blog simply named Personal Finance Advice. This is not unusual, I have close to 200 blogs and sites in my Bloglines account and I add and delete almost daily.

A couple days back I bumped into and subscribed to a new blog simply named Personal Finance Advice. This is not unusual, I have close to 200 blogs and sites in my Bloglines account and I add and delete almost daily. What hit me was a good message from Amy Fontinelle. She wrote regarding the "need-to-knows" about starting a business.

Someone once told me that the probability of an entrepreneur getting venture capital is the same as getting struck by lightning while standing at the bottom of a swimming pool on a sunny day. This may be too optimistic.

Venture capitalists are simple people: we’ve either decided to invest, and we are convincing ourselves that our gut is right (aka, “due diligence”) or there’s not a chance in hell. While we may be simple, we’re not necessarily forthcoming, so if you think it’s hard to get a “yes” out of venture capitalist, you should [...]