The Kauffman Foundations has posted a short article on the 6 myths of Venture Capital (VC). It does not look good for VC.
- VC is not the primary source of most startup funding
- VC really does not take a big risk investing in your company
- Founders should determine the value of their company to get the best valuation from VC
- VC has under performing returns compared to other investments
- VC lacks innovation and has for a long time.