First off I'm very glad to have found this exchange because a lot of questions will be forthcoming from me.
The skinny: I started a new business a couple months ago, an LLC. My skill set is in the field if digital signal processing. I view my business doing a couple things, and I am not tying myself down because it is very young.
One of the things I want to focus on is online teaching/tutoring in my field. Naturally, I have some ideas as to how this can be done, etc.
However the more and more I dig into it, the more I see that I just might need to have some startup capital. VC, angel, whatever.
My question is this: How exactly does one go about getting VC funding for his/her idea for a business?
I am under no illusions that this is something hard, but frankly I need to get the ball rolling on this even if I might fail. I'll never know otherwise.
Where do I look? Who do I email? Is there a one stop shop for this type of stuff? What are the unwritten rules? I know that VCs can take a big chunk of ownership - is there anything else this entrepreneur needs to know for your experience? I am looking for detail oriented answers please.
You don't have to focus VCs, ideas for angel monies also sought. If you need more details ask me, I'm here to learn.
Thanks in advance.
Edits for additional information:
- I am based out of Washington DC.