Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell
Growthink Blog
MAY 23, 2011
The angel then introduces the entrepreneur to his or her wealthy friends and business connections who, based on the good reputation of the referring angel, also invest. As a result, the VC will often block a portfolio company from harvesting a very attractive, but not home run, return. Venture capitalists Cut Tough Deals.
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