After a startup completes the development of its product, the very next thing that it requires is the capital to get started. Though there is a great potential with VC firms but make sure it’s the right path for your startup. In exchange of high risk that these VCs go through, they generally receive a significant control over the company’s decision making.
In this video, Jim Breyer, the man who gave Facebook its first venture investment, discusses what it takes for young entrepreneurs to get VCs to open their wallets.
The video was shared by Forbes on its YouTube channel.