|Although investors are more cautious than they were in the go-go 1980s, sources of early-round backing flourish anew|
"On the order of 100 venture capital funds are currently raising money," says Robert Mast, vice president of Venture Economics, Newark, N.J., a unit of Securities Data Co. that tracks activity at the approximately 700 or so venture capital funds throughout the United States. "That's the highest number since 1987."
| It's easier to attract a venture capital investment than it is to win your state lottery. But not by much. As a rule of thumb, venture capitalists fund roughly one out of every 100 business plans they read. |
Fortunately, you can do much to beat these odds. Here are some suggestions gleaned from...