by Paul Joseph
September 4, 2010
Featured
VCs invest in businesses that have the potential to go big and at the same time, given them a handsome RoI within a few years (maybe a short cycle?). VCs judgment (of understanding a business, from a typical MBAish perspective) has been questioned umpteen number of times and here are a few stark realities from the VC investments (happened in US, 2001-2009 period) that speaks of the model: # of VC-backed companies started: 24,100 # of VC-backed companies with exits over $100m: 750 (3%) # of VC firms: ~850 [ source ] In short, the number of significant exits are lesser than the number of VC firms! ‘Tourist VCs’ – that’s the term used to describe VCs who are in for a quick run (without strong fundamental) and mostly bring a bad name to the ecosystem.
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by Paul Joseph
September 3, 2010
Featured
[Guest article by Lakshmanan Narayan, founder of Eyes And Feet ] Marketing a software product involves ‘talking to’ various audiences.
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