There are many different species of investor, and they all operate in different ways. In Scotland we tend to be used to dealing with Angels or Angel syndicates, but there are plenty of opportunities to work with VCs especially if you’re prepared to make the trip to London. If you’re interested in understanding how VCs work, and some of the common mistakes people make in approaching them, this PDF on Dropbox by Mike Maples Jr is a pretty good place to start. He has experience from both sides – raising VC money, and being a VC.
https://www.dropbox.com/s/z8io37mqoctale9/Capital%20Factory%20VC%20Primer%205-4-16%20PDF.pdf?dl=0
