In Venture Capital, the most important part is to help companies fundraise. Finding the just right VC firm for a specific company is not only challenging but also time assuming. Concerning the internship span of only 3 weeks, I will be doing my final project on taking the first and foremost step of the long VC deal process: to develop a strong list of prospective investors and create a CRM (customer relation management) for CoreNetwork Fund.

 

This project will be centered around the process and methods of funding raising for an early stage start-up. I will be tasked with researching prospective investors, both individual angel investors, as well as Angel networks and Venture Capital funds. Since "Venture Capitalists are not a homogeneous group; what might impress one VC might turn off another", I will focus on finding those Investors/Funds that would be the best fit for the Start-up given investment criteria, previous investments, and prior communication. 

 

Throughout the project, I will utilize private databases and network connections as well as publicly available information to create, curate and refine the list to begin the process of investor outreach. 

 

The hands-on research part of the project will reflect on my overall goal of how VC works. Checking every VC firm's investing strategy will allow me to achieve my first goal of learning about the key factors to determine whether an investment is good or not by looking at many criterias different VCs use to invest. Developing the potential VC prospect list will allow me to further understand the start of the process of a VC deal, contributing to my second goal of understanding the total process of a VC deal. Lastly, I could recall what I read in Venture Deals and make sense of more of the terms as I see more real-life examples along doing the research.