Sep
21
VCs and value
Filed Under Posts about venture capital, startup, strategy, venture capital
Here’s a recent post on VCs at TechCrunch:
What Have VCs Really Done for Innovation?
There are several important points in the article, none of which I’m going to comment on. However, there is an important point.
Capital is a necessary component of the startup equation. You aren’t going to get far without it. Many people build slowly by self-funding, some find family money, others find a few angels, and then some go to VCs. The debate shouldn’t be on the value of a VC, that’s almost shirking the issue. VCs are just another means for capital injection.
The real debate should be on directing the VC on finding value in companies and then investing in those companies.
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