Many private companies waste time seeking funding from venture capital groups. Less than 1% of companies that successfully raise private capital do so through a venture capital firm. Think your company will be one of the few in that one percentile?Most venture capital firms are interested in capital investments exceeding $5,000,000 and companies in ultra high growth industries capable of producing very high annual returns. They also typically seek companies that are "mezzanine" stage - the stage right before completing an initial public offering. This leaves earlier stage companies or companies seeking small amounts of capital with little interest from VC firms.
Most private companies would not want true venture capital in the first place. VC firms typically take a controlling interest in your company and usually want to have a say in day-to-day management. Most entrepreneurs are very hesitant to give up control of their business to outsiders.
A Regulation D Offering allows private companies the ability to leverage the smaller amounts of equity capital they need by efficiently raising capital from a number of individual investors. Don't waste your time on the VC scene - provide your company with the fundamentals it needs to raise capital from individual investors - the best source of funding for private companies.
