I build software for Venture Capital Industry. I also have founder friends.
I am surprised that many are unaware of how the system works.
For most, it is about fundraising and running the business.
The venture capital industry is one of the most competitive sectors, and its success depends on the returns.
A fund manager with an army of team members is always out to look for the best founders.
The best founders will multiply VC’s investment 1000-2000 times. In the end, it is about returns. Everyone is in it to make money and have a better life. It is not a charity where founders will take capital from VC and not grow fast. They have to run like a racehorse. It is a hyper-competitive business.