The VC/Company Relationship - AVC

When I got into the VC business in the early 80s, the VC/Company relationship was pretty different than it is now. Capital was hard to come by, VCs commanded terms that would be laughed at today, a...

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Source: AVC

When I got into the VC business in the early 80s, the VC/Company relationship was pretty different than it is now. Capital was hard to come by, VCs commanded terms that would be laughed at today, and once they had made the investment, VCs acted as if they owned the Company (they sometimes did). The […]