Re:Startups Rejecting Venture Capital
by eanzenberg on Friday January 11, 2019 @01:02PM
(#18885390)
Yeah, when a good VC owns 30% of your company they are invested in seeing this grow and succeed. There are other VC which are handsoff and do a spray pray approach to investing.
I don't think you're wrong, but I always thought VCs were there to hopefully guide these organizations too. Control, guide, probabbly overlap a lot. But the idea being you get capital, introductions, maybe help finding some people you need?
Granted I don't think you're wrong about the rest of it but control (when you sold yourself...), also guidance are weird venn diagrams. Not sure there is a right or wrong there.