When Rick Palmer was about to give up his search for
help funding his startup Otra Beer, he decided to give it one last
shot and approached The Venture Alliance (TVA), www.tvausa.com, a
group consisting of Venture Capitalists, Investment Bankers, and Angel
Investors with more than $4 billion in investment capital and a
patented scoring method to quickly determine the viability of a
startup. "I had all but given up after wasting months of my life on
fruitless 'dog and pony shows,'" said Palmer. "I was skeptical at
first, but TVA found me the money," stated Palmer, "but only after
they guided me through critical changes in my business plans. I always
believed in my business concept, but without TVA, I might still be
looking for investors," concluded Palmer.
According to the most recent PricewaterhouseCoopers Money Tree Survey, the trend for startups working harder to get less money will continue. The majority of the Venture Capital money will be doled out in the larger metropolitan areas such as Silicon Valley and Boston, leaving entrepreneurs in smaller cities empty-handed. "Raising startup capital in this post dot-com environment has never been harder, which is why we're so proud of our funding rate that is twice the national average," stated Elliot Reiff, COO of TVA and a 25-year investment banking veteran. "Any weak spots in an entrepreneur's plan will kill their chances instantly, and with Venture Capitalists, you don't get a second chance," added Reiff. "The rules of the startup capital game have changed, and those that don't change with it will not get the money they need for their business," concluded Reiff.
About The Venture Alliance (TVA)
TVA's successful track record of assessing the fundability of private equity companies is backed by a proven, patented methodology and a vast network of financial resources. For more information on how TVA can help your firm, contact Elliot Reiff at 877-887-2020 or at ebreiff@tvausa.com. Information on TVA can be obtained at their Web site, www.tvausa.com.
According to the most recent PricewaterhouseCoopers Money Tree Survey, the trend for startups working harder to get less money will continue. The majority of the Venture Capital money will be doled out in the larger metropolitan areas such as Silicon Valley and Boston, leaving entrepreneurs in smaller cities empty-handed. "Raising startup capital in this post dot-com environment has never been harder, which is why we're so proud of our funding rate that is twice the national average," stated Elliot Reiff, COO of TVA and a 25-year investment banking veteran. "Any weak spots in an entrepreneur's plan will kill their chances instantly, and with Venture Capitalists, you don't get a second chance," added Reiff. "The rules of the startup capital game have changed, and those that don't change with it will not get the money they need for their business," concluded Reiff.
About The Venture Alliance (TVA)
TVA's successful track record of assessing the fundability of private equity companies is backed by a proven, patented methodology and a vast network of financial resources. For more information on how TVA can help your firm, contact Elliot Reiff at 877-887-2020 or at ebreiff@tvausa.com. Information on TVA can be obtained at their Web site, www.tvausa.com.
© 2005 Business Wire