Bob Maloney, MSFS, AEP, MSFS, AEP
You start with $10 million or $100 million dollars and you let the world know that you're looking for private investments. In the alternative, you try to determine if there are venture capital companies in your general area and see if they're willing to take in a new partner. Very often, someone with cash is welcomed with open arms although this is not necessarily true with all venture firms. Hope this helps and good luck
Tommy Sikes, Financial Planner
A VC is someone who invests their own money along with other investors in private companies. As opposed to public stocks.
Often a VC is a former business founder or partner that made a bunch of money selling their business. They get a lot of friends together, pool their money, and invest in other new businesses.
The hope is to then have those business sold or bought out. Then they do it again.
VC's will often take the pooled money and invest in dozens of companies to spread their risk. Often only one or two may have wild success while the others fail.
So the best way to become a VC is to start and sell a private busines for a ton of money!
Hope that helps!
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