Tuesday, 14 June 2016

The Venture Capitalists around the world also think a lot before funding any startup. This is important of course as it is about their money and they cannot let it go, just like that. There are certain things or you can say some factors according to which they decide that whether they will fund them or not.

So, what are those factors which tend them to fund these founders? Here are some of them:

1.They do not judge by age, never!:

Everyone Has this thinking that the entrepreneurs who are old and more experienced get the first priority when it comes to funding by the VCs but this is absolutely wrong. According to the SEO company Kolkata age is just a number when VCs have to decide about the entrepreneurs. This is true that they see the experience of the person but they also look at the niche of the company. Whether the technology, product or services worthwhile, whether they will be able to attract more customers and are the entrepreneurs smart and active enough? All these questions carry more weightage than the age of the entrepreneur.

Many experienced VCs say that an entrepreneur should be a person whom people can respect and accept their leader. It means they should have that special spark in them.

2.The right executive, the right culture:

VCs have this in their head. They keep a keen watch on the culture of the company and mainly the executive layer because they are the leaders and the people who set up the DNA of the company. If they are not mature and do not have a nice behavior then there is no way they will fund them. Every employee of the company learns from them and if they are not setting up a good office culture then what will the employees do.

3.And yes the personal history of the entrepreneur:

The personality of a person is crafted by his or her personal life. The history of a person’s life tells that what is driving him or her towards this business and will he be able to sustain for long. SEO company in jaipur believes that there are many questions which go all over in the mind of the VCs like what will he do when the situations are tough? How will he judge? How will he recruit his employees? How will he behave at the times of uncertainty? The answer to these questions tell about some of the future aspects of the entrepreneur.

4.Experienced or Unconventional:

Different VCs have different views on this point. Some say that experienced entrepreneurs who might have seen setbacks and want to start all over again are more successful because they know about the obstacles and hence they will just cut out through them while others say that unconventional entrepreneurs gain more attention because they explore new things and come up with innovations. So, it entirely depends on the VC that with whom they want to go with.

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