Typically, when VCs invest in a young company, they get equity and a board seat. The startups get money and a new board member. But good portfolio companies should get more, because VCs have a lot more to give – especially to companies that deserve it. VCs are well connected and have a lot of visibility into other startups and how they operate, and as a result, should have introductions to make and advice to give. But investors have dozens of portfolio companies and likely aren’t going out on a limb for founders. Quite often, investors are investing in people,…
This story continues at The Next Web