Aug 17 2007 by Jason

Does My Company Have to Exist to Get Funding?

Q: Does your company have to exist in order to get VC funding? I have an idea for a Web 2.0 company for which I have a business plan and a mockup, but I have not launched it to the public. Do VC firms even consider funding businesses that have not actually gone live?

A: (Jason) If you are an early-staged venture investor, you shouldn’t have a problem funding a company that doesn’t “exist” yet. Plenty of times we’ve invested in folks that have a small team a great idea and some PowerPoint slides. Upon investment your venture will need to be incorporated and will exist after that.