October 14, 2005

VC-spamming that entrepreneurs can do without

Paul Kedrosky has an entertaining account of an "all too common" type of "value-add" from VCs that entrepreneurs can do without.
Too many venture guys do virtually zero heavy-lifting when it comes to qualifying the people they toss at already stressed and over-worked portfolio company CEOs. “Here, talk to this guy, maybe you guys could have an alliance … here, talk, to this guy, he’s with a big company that I met recently.” It’s closer to spam than real added value.

Arun Natarajan is the Founder of Venture Intelligence India, which tracks venture capital activity in India and Indian-founded companies worldwide. View sample issues of Venture Intelligence India newsletters and reports.