The Smart VC: Down But Not Out
It’s a battle that will never end. Entrepreneurs complain that venture capitalists are ripping them off when they do follow-on rounds at reduced valuations. VCs say they’re doing the entrepreneurs a favor just by doing the round, because the alternative is for the startup to go belly-up. You’ve heard a lot from VCs in this column explaining how they make sure that the management of … [ Read more ]
Content: Article | Author: Dan M. Mahoney | Source: “Red Herring” | Subject: Entrepreneurship