– Deep understanding of the industry: One of the most significant advantages you can bring to the table as a VC is recent domain experience in the field of the founder. Having domain experience means that the VC can fully understand the vision of the startup and provide insightful feedback on key decisions. – Ability to provide value-add: The ability to provide value-add is a critical one for founders. For instance, an investor skilled at scaling companies would be a great value-add to most startups. Founders appreciate honest feedback on their projects regardless of if you invest in them or not.
Source: The Guardian July 09, 2021 02:15 UTC