India dont have much Vcs but is it bad?
By raja_sangwan at 5 June, 2010, 10:09 pm
just completed reading an guest post on teshcrunch at Startups: Poverty is Underrated. Be Glad That You’re Not Rich and that has been made my believe more strong about vc funding.personally i believe that vc funding doesn’t help much to startups and funds are more good if they come from personal resources of the founder or come through angel investors because vc funding gives less freedom to the founder to take decisions but when founder use his own funds or take them from angel investors he/she have more freedom and can work better .
That doesn’t mean VC funding is bad for startups like if we sea it in case of Facebook its great because facebook has needed too much funds to be alive till when it doesn’t be profitable and that took nearly 6 years.
It had too much servers ,too much users and too much data and to maintain all that i had needed too much money so it was good for facebook but not for all startups.so if you are agree with me or not agree tel me through your comments.
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