Just to give some background, I'm building a software as a service offering which is almost in private beta and I have a few customers lined up to start using it at launch. Its a solo gig so far, and I've been bootstrapping everything myself. I'm a programmer and I'm not entirely clueless when it comes to talking business; but, talking balance sheets, valuations, and cash flows is definitely not my forte.
I recently set up two meetings, one with a venture capitalist and another with a prominent angel investor. They are both people I've networked with in the past (so they know who I am), but I haven't sat down with either of them to have a discussion about this particular venture. The meetings are each about 45-60 minutes.
As far as what I'm looking to get out of this, I mainly thought that they would be good people to give me advice and put me in touch with people I may want to partner with. I haven't actively been looking for funding because I haven't needed it yet, but I'd be open to it now that I'm about to launch a private beta.
So now the question...
What questions should I expect to be asked and what questions should I ask them during these first meetings?