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Thank you, I couldn't agree more. Now we just need to get these people to stop calling themselves venture capitalists, and start using the correct term: growth
by Denzel 10y ago
Thank you, I couldn't agree more. Now we just need to get these people to stop calling themselves venture capitalists, and start using the correct term: growth capitalists. When your first criteria is literally a derisked company, i.e., a company needs traction, you're no longer looking to invest in new ventures; you're looking to grow an established business.
- graycat 10y agoRight. My guess is that the tune is called by the limited partners who are much more comfortable investing in growth capital.