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Does anyone have experiences going to VCs for funding that dont specialize in internet technology startups? I am particularily interested if say an oil/gas VC w
by jsjenkins168 20y ago
Does anyone have experiences going to VCs for funding that dont specialize in internet technology startups? I am particularily interested if say an oil/gas VC would be willing to negotiate sweeter terms than many of the "cut-throat" tech VCs would...
- jamongkad 20y agoI'm just speculating(as I have no VC experience at all) but would'nt the oil/gas VC be less tech savvy than your tech VCs? Another thing to consider is they(oil/gas VC) will have little or no knowledge about the Internet industry which makes it significantly more difficult to convince them the possible implications and benefits of your start up.
- sf2007 20y agoWhy would a VC firm specializing in oil/energy invest in an internet startup? VCs generally have specific areas they invest in.. if they don't "Specialize" in internet, they won't invest in you.
- jamongkad 20y agoMy point exactly