Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

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Venture capitalists. You've probably heard all about them: They're greedy, they're out to steal your company, they want to run your life, and they don't add any real value. Except, of course, these statements are all untrue.

Over the years, a lot of unfortunate myths have surfaced surrounding venture capitalists. As a long time Chinese venture capitalist, I feel it's my responsibility to explore the truth and set the record straight. Below are five of the most pervasive myths surrounding venture capitalists, which need to be dashed so investors and startups can make accurate, well-informed decisions.