Venture capitalists are often referred to as vulture capitalists until you read this book: Confessions of venture capitalists, in Ruthann Quindlen's high-risk startup financing world; well, you may never understand how they got that The title of 诽谤. In the book, Ruthann explains how to work in venture capital firm Silicon Valley before the dot-com bubble burst.
If you are considering getting venture capital for your startup, then maybe you should read this book. After all, do you want to sit down with a venture capitalist for a cup of coffee? He has been working in this industry for many years before you market your business plan? In the book, they describe how venture capitalists work with many companies and hope that one or two companies will receive huge returns. The rest of them want to break even or lose money, they will eventually abandon.
The world of venture capitalists is about getting a return on investment in a very short period of time. They don't just want to make a profit, they want to earn 10 times or more of their investment. There are many venture capital firms, and they often gamble on jockeys, not just horses. Business ideas or concepts may be very good, but if entrepreneurs are not feasible, venture capitalists must pass. Please consider all of this in 2006.
Orignal From: Confessions of venture capitalists
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