Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell
Growthink Blog
MAY 23, 2011
Management has the wrong pedigree, is geographically undesirable, competes in the wrong industry, and/or has a business model that lacks "scalability credibility" with the venture community. By definition, companies that receive venture capital cannot fund their businesses from operations, and thus need to seek outside capital.
112 
Let's personalize your content