I have friend/biz partner who has patent on a search/index software. Already has Lexar as a customer.?

He needs funding, but VC's want to give him $3 million and take control of the business. He wants just $300,000-500,000 for marketing, web site construction, CD-biz cards, travel to trade shows, etc. The product itself is very impressive. Where ecan we get this type of funding, aside from an SBA loan?

Without VC funding and SBA loans, your friend may have to look to family and friends for capital.

Tags

　　Venture Investment 　　Venture Capitalist 　　Venture Capital 　　VC Fund 　　Vanguard Fund 　　Value Investment 　　Trust Investment

Related information

I have some wonderful software ideas and I am looking for Venture Capitalist. how to find them?

Most cities have venture capital clubs that are designed for people like you. They have meetings that allow people with ideas to present them in front of venture capitalist. I would call your l...

Incorporating?

Incorporating limits your liability. An LLC does the same thing with less formality, and you can do it for about $300.00 Definitely recommended.

...

My share of a company vs. a venture capitalist?

If you want their money you have to agree to their terms. I would try other avenues first before I take VC money. I don't want to give up control to someone that could make you life a living n...