Forbes Magazine

Eric T. Wagner, Contributor

Why Facebook is Doing an IPO and You're Not -- 3 Rules to Live By When Seeking VC Funds

So Facebook is doing an IPO.

Raising 5 billion dollars or something.

Wow. Good for them.

Feeling sorry for yourself? Just starting out and don't have two nickels to rub together?

That's okay, 'cause remember — Facebook was once a start-up too. Yes, just like you. Barely getting by; surviving week-to-week; begging for start-up capital.

So how do you raise money when you're just starting out?

Glad you asked. Read on, 'cause you're about to discover 3 rules you must never break when asking for money to start your venture.

And yes, these 3 rules may seem like such simple advice. But wait a minute — why do I continue running into start-up founders who break every one of them?

Do yourself a favor: Learn these today so you'll avoid looking like a fool tomorrow...

Read the rest of the article on Forbes