what do VCs think?
2 comments
No one can give you a definitive answer on VC's since everyone's experience is difference. The following is mine, hope it helps.
http://www.lovemytool.com/blog/2007/10/vc-worst-enemy.html
http://www.lovemytool.com/blog/2007/10/vc-worst-enemy.html
enjoyed reading your article.
ROTFLMAO
Hey, some VCs actually do think and some do not. Many play follow the leader and make large profits by doing so. A good thinking VC could help you with capital and connections and advice, if you needed those things.
VCs always want to get some measure of control over your business and that often leads to problems.
if your business is a service provided to individuals or companies, there is less potential for large upside growth than if you are developing a stand alone business that generates it's own brand and revenue.
So what's the point? if I had 100,000/qt why would I need investment? All I need is more servers and do more marketing and bring few more people to join.
Also why is a vc interested in investing millions in say similar companies like ours that have a terrible product but perhaps have more users because they are marketing etc., when they can invest in a better product?
The only explanation I can think of is that people feel good about something when they pay more for it. And another explaination is that they just don't get it. I mean if google had gone to a vc before they became google would they be able to see? Another explaination is that they just want to wait until they are realy sure or something...