Nice question, impossible answer to provide. I have raised capital for a few companies but have found the process different each time. Lets just assume you hav

Nice question, impossible answer to provide. I have raised capital for a few companies but have found the process different each time. Lets just assume you have a product/service/technology that has a viable market potential. My first step is to define the size of the opportunity and my best path to an "exit". These two components will determine if you begin @ Angel funding, VC funding or personal credit card funding (or Y combinator:)) If you have a big enough opportunity and the connection to go straight to VC, congrats. So now lets assume you don't, and you are seeking Angel money. Here's ONE model...... Get your company as far along as possible without funding, take it to alpha, beta or public launch if you can. Build your advisory board and be very good at tracking your key data points that drive your valuation and prove your business plan. Identify potential funding resources through every means possible. Every major city has an Angel Group it seems now. Reach out and learn what the group has shown interest in and what company's they've invested in. If you think there is a good mix, use every resource the group offers but avoid the pay to share your company models (in my experience that is). Get your pitch down to under 10 minutes, and be unbelievably good at it. Angels tend to like ultra passionate, company consumed entrepreneurs, because thats a consistent trait in successful ones. Pitch, tweak, learn. Repeat process. If you want to see a good video of Tim Draper discussing how to get funded, try this link - http://www.vator.tv/news/show/tim-draper-sings-fundraising-secrets http://www.vator.tv/news/show/tim-draper-sings-fundraising-s...