How to Ask for Money

If you're starting a biotech, venture capitalist Bruce Booth has some advice for you. In a Forbes column on how to pitch your idea to venture capital funds, Booth says it's important to "work your network" or reach out to people you know who might be able to get you in touch with someone in a funding capacity. A "qualified referral" will catch a venture capitalist's interest while an unsolicited pitch is likely to be ignored, he says.

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