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Why Not To Take A Big VC Round Of Funding?
By siliconindia
Look For The Added Value
Some VCs who claim to open the door of opportunities, and who talks about the expertise that they will bring in on the table can cause huge discord if the entrepreneur is not ready. Raising huge fund means parting of huge stake of the organization by the entrepreneur, which may cause lot of dilemma including management and decision making power that goes off in the hands of the VC. On the other hand, mentoring is something that is utmost needed by the startups and a good mentorship helps a company who are already in momentum, but it cannot facade the need for the management team to properly implement the functions. But if one is looking just for mentoring, it is wise enough to approach a mentor to join the Board of the company.
