siliconindia | | December 20188ntermediaries (also referred to as 'agents', 'bankers', 'place-ment folks' and more) have played an active role in the VC ecosystem ever since the industry began growing in the early 2000's. For many of them this was a new practice areas - in addition to the traditional bread and butter of facil-itating M&A, Debt syndications and other larger transactions (usually for bigger corporations).In the startup world intermediar-ies have been, and also are today, ac-tive in helping startups raise rounds of funding - Series A/B/C etc. They typically emerge when the first 2 rounds - a) Friends and Family and b) Angel Investments have been com-pleted. Friends and Family rounds have obviously been raised without any intermediary and angel rounds (if different from the above) are typ-ically consummated through large angel networks like IAN, City-spe-cific angel groups, and other sites dedicated towards matchmaking be-tween startups and investors.Intermediaries have traditional-ly been needed when more involved IN MY OPINIONITHE CHANGING ROLE OF INTERMEDIARIES IN VENTURE CAPITALBy Devang Mehta, Partner, Anthill VenturesDevang has eclectic business background that combines roles in Early-stage investing, Engineering, Sales, Business Development, Product Marketing, Product Management, and Strategy; combined with academic qualifications in Computer science and an MBA from Carnegie Mellon University
< Page 7 | Page 9 >