Of the 150 business plans investors typically review, only 10 get a close look – before finding one potential investment opportunity with merit. Some firms will find only one in 150 presented to them. In 2007, venture capitalists invested approximately $30 billion into 3,226 companies.
While your dream may be to meet that VC firm with deep pockets, the reality is only 0.1% of businesses realize that opportunity.
According to CB Insights, venture capitalists invested $20.8 billion in 2,461 deals in 2009, marking the lowest level of dollar investment since 1997.