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That doesn't sound too different to what some VCs already do. E.g. from what I heard about Rocket Internet from some of their portfolio company, they act in a v
by hobofan 7y ago
That doesn't sound too different to what some VCs already do. E.g. from what I heard about Rocket Internet from some of their portfolio company, they act in a very similar way.
Yes, they also provide cash as part of the funding deal, but they will most likely place one C-level executive in your startup. They'll also happily provide you with more headcount than you probably need and if your numbers aren't where they are supposed to be, you are expected to buy consulting services from them, so in the end a good chunk of the funding amount flows back to them. That's why a lot of their companies are as soulless as they are.