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*Submitting a Plan for Funding
*
Prior to submitting your company for funding, you should create the following documents:
- Executive Summary: About two pages long. This is usually sufficient for an initial
submission. The venture capitalist will ask for other documents if they decide to proceed. - Business Plan: Up to 30 pages long. Most venture capitalists will ask to see a copy of
your business plan. - Resumes: Keep them to one page if possible. Venture capitalists like to see resumes for
all members of your key management team. - Financial Projections: Make sure these are realistic and explicitly describe the
assumptions supporting the model. - Capitalization Table: Describes the current ownership of the company, including number
of shares and percentage. Include the employee option pool in this calculation.