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What’s the AUM of the VC? Do they have a long history of success? Be weary of any thing on a website. I have seen startups lie about their VCs, and I am sure
by jddkfkk 8y ago
What’s the AUM of the VC? Do they have a long history of success? Be weary of any thing on a website. I have seen startups lie about their VCs, and I am sure some VCs do the same. They are just betting their won’t be caught cause there are so many around. Do you know anyone to vouch for them? Plenty of VCs individuals tend to be predators because they know startups are desperate. Few startups investments does not necessary mean they are choosy, VCs like to bet the entire table rather than pick since they know it’s hard to find winners base on gut feeling. Yes, it’s gut feeling and who you know when you don’t have cash flow. Read the contract 3 times and seek legal counsel.