If your startup is growing, at some point you will likely be seeking venture capital. Unlike angel investors, who typically write checks between $10,000 to $100,000, VCs can write multi-million dollar checks. This means that VCs support startup growth from seed to much later stages.
Because VCs deploy large amounts of capital and expect significant returns, the process of raising money from these so called institutional investors is far from trivial. At Techstars, we spend time with the companies talking about raising money, and in this post I'll discuss some of the things you need to know if you are looking to raise venture capital.