Raising investment

Hi all. We've just had a great first year - page impressions, uniques and revenues all healthy and up. You'd think with our stats and experience it'd be relatively straightforward to attract business angel or venture capital funding, but we're finding it tough.

The banks we've spoken to are passing up all dot com businesses. Venture capital firms, meanwhile, only seem interested in pure social networking sites, not ones with a content element such as ours. Business angels seem to hide behind brokers who all charge a fee for an introduction - we'd sooner spend the money on new content to be honest.

We're considering looking overseas for investment. Anyone ever tried that?

Happy to have a look at your business plan to see if I can help, just mail across to

I have personally raised over £2,000,000 for entrepreneurs in the past two years through the largest business angel network in Europe and a further £1,000,000 via the DTI Small Firms Loans Guarantee scheme and other funding options.  Several successes were in dot coms.

More on funding options at www.strategyconsultinglimited.co.uk/business-funding.html

Hope I can help :)

John

Thanks for your advice both. Will do