You'll need to show venture capitalists that your company is capable of delivering a tenfold return on their money to get them to invest, writes Maia Heymann of Converge Venture Partners. Show VCs that your startup can grow fast and address a big market. "Be as specific as possible and be rigorous about your methodology," Heymann writes. "Investors see through exaggerated market sizing and you can lose credibility."
U.S. venture capital money is starting to flow to New Zealand's startups. The trend began in 2012 when online accounting software firm Xero received a major investment from Peter Thiel. Others have since followed.
The search business continues to be all the rage, evidenced by the fact that more than 50 venture capitalists have approached Vivisimo to invest in the firm, which recently unveiled its new search engine, Clusty. Plenty of search players -- including lesser-known ones such as Snap and Blinkx -- have unveiled new products and features recently they hope will tap into the lucrative market.