I've got a startup that a friend and I are interested in pursuing in the international hospitality space. A core part of this idea involves purchasing land and doing physical building construction, In this case in Colombia.
We really believe in this idea and are willing to put a substantial chunk of our own savings behind it, about 750k, but we still need to raise another $1.5 million.
I feel like this does not check a lot of the boxes of what a VC firm would want. We believe that this is an awesome investment compared to let's say buying the S&P but in reality it's probably never going to be a billion dollar company.
Any thoughts on how to approach fund raising for something that involves a substantial investment in physical assets and a lower risk, lower reward profile than the moonshots VCs are looking for?
