ENP Newswire -
Release date- 01092014 - A London Business School academic has spoken about the dangers of fledgling businesses seeking money from venture capitalists too early.
Asking investors to back a business which is unproven both in terms of concept and sales is also a risky strategy, according to
'The terms and conditions attached to venture capital can be really onerous as investors seek to protect themselves from downside risk,' he added. 'They are going to be in the driving seat and will have de facto control of the business even though they may not own the majority of it.'
Investors may have the right to fire you or to bring in new directors, according to
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