Venture Capital
By: A Staff Writer
Updated on: Oct 25, 2024
Is VC Right For You? 🤔
VC money seems like the dream. But giving up control and equity is a big price tag. Know this first…
- Beyond the Cash: VCs bring networks, expertise, but also may force faster growth than you’re ready for.
- The ‘Fit’ Factor: VCs have areas they specialize in, make sure your biz aligns with their portfolio.
- Dilution of Control: How much decision-making power are you surrendering? Read the fine print carefully.
- They Want an Exit: IPO or acquisition is the goal for VCs, is that your long-term vision too?
- Alternatives Exist: Angel investors, strategic partnerships, even bootstrapping longer, may be better options.
- Get a GREAT Lawyer: Negotiating VC deals is complex, protects you and your company.
VC funding can be rocket fuel, but it’s the right fuel for your particular rocket. Do your homework!