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Depends on the VC. $10M from someone who built their wealth via blood diamonds is very different from $1M from a well-connected VC that can help your business
by andreilys 7y ago
Depends on the VC.
$10M from someone who built their wealth via blood diamonds is very different from $1M from a well-connected VC that can help your business in a tangible way
- Tostino 7y agoA lot of companies could really use a reality check as to their true valuation, and understand that the market cap shouldn't be sky high, but there's plenty of room to play with in the space that they have.
- streetcat1 7y agoHow can you tell which is which. Does the LP tell the VC where did they get the money from?
- andreilys 7y agoIf you’re giving a sizeable chunk of your company to an investor you better do your due diligence. Whether it’s contacting founders who previously received money from the VC, or plain old web research. It’s really dumb to take money from someone who can make life difficult for you down the road
- heavyset_go 7y agoDon't bet on a VC to help your business in tangible way outside of funding.