METACARTA Literature & Language Essay Research Paper (Essay Sample)

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METACARTA
Metacarta, a software startup building a product that converts unstructured textual information into maps, geographical search versus the text searches of google. Metacarta has grown at an alarming rate, and the more it grows, the more capital is needed in order to ensure the increased growth and survival.
Why Has This Deal Attracted Venture Capital?
This deal attracted venture capital funding because the company had all the six factors that venture capitalists look at when evaluating a candidate for investment, they had an outstanding management team, they understood their target market, had a great product, they had the competitive position hence their fast growth, they had great financial returns and their business plan was on point (Zacharakis, Bygrave and Corbett 417).