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Question added to topic Starting a BusinessSeptember 9, 2009

How can I find VCs for a website startup?

I have a website idea, but don't have the capital to start it. How do I go about finding people to invest in it or find capital for a quicker launch?
Congratulations on wanting to start a new website.

While I don't know much about venture capital or getting funding (I built my business the old-fashioned, bootstrapping way), I can say that most VCs won't invest in a website unless the website provides a much-needed, inventive service or can make money.

Since you don't say what type of website you want to start, it's hard to advise you, but unless you've got plans for something truly exceptional, you might want to think of another way to get your website built--such as leveraging student or intern labor.

Best wishes on your new project.

Lena West is the CEO and Chief Strategist of xynoMedia Technology, a New York-based firm that helps high-growth companies leverage the power of social media, blogs, podcasts and online communities.

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