The first of the six common myths about venture capitalists is that VC will take over the business, says Pankaj Sahai in ‘Smooth Ride to Venture Capital: How to get VC funding for your business’ (www.visionbooksindia.com).
Running your business is not the VC’s job, Sahai clarifies. “The VC’s business is money management. They are financial managers interested in making a good return on their investment. VCs invest in about 5 to 10 companies per VC fund and are interested in ensuring that the businesses in which they invest, mature over time and provide them with a substantial return.”
Original Article: The Hindu : Arts / Books : Six myths about venture capitalists
