VCs are backbone of startups. How much do you know them?
Here are my few insights:
1. VCs invest funds raised from Limited Partners, and accountable to generate them returns in 10 years
2. VCs earn 2% management fee annually from the fund, perform
In India, VCs are growing more startup-friendly, but networks and warm introductions still play a big role in gaining access. A standout idea always helps.
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