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Minting VC: Know the benefit
By siliconindia
Bangalore: Every coin has two sides. In an earlier article we had discussed about the cons of VC funding, but let us also look at the positive side of VC funding for a startup. A VC provides a number of value added services along with the funding that a company needs to expand its business.
Mentoring
VCs come with a lot of experience in the real market. They provide the startups with the current ongoing strategies, financial and operational advice of the market for the concerned segment, thus reducing the risk of failure. They have consultants in their staffs that are well versed in specific market. They do guide in terms of managing the business also as the startups may lack the practicality of managing the business. The association of big VCs with the company increases the credibility of the startups.
