9 Understand the VC business model: Raise money faster
This chapter covers
- Who are the key players in the VC firm, and whom should you focus on?
- Do you get the financial motives that make the VC tick?
- Do you understand the VC math that drives when and how they invest?
To succeed in the startup world, you must learn what makes venture capitalists (VCs) tick. Of course, the answer is money, but the way they make their money is through their business model. Understanding their business model is the key to understanding the VC specimen and how to most effectively work with them.
The VC’s business model affects which companies they invest in, how much they invest, and who they want running these companies. It determines how they influence ...
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