Seeking Venture Capital For a Growing Start-Up

If you’re considering seeking venture capital for your company, you should understand that it’s far more than just a pile of cash. Because of the large sums being invested—the average round is between $7 million and $8 million—venture capital partners take an active role in a company, sometimes managing day-to-day operations and taking board seats to exert control over a company’s strategic direction. That type of outside control isn’t for everyone, though.

By COLLEEN DEBAISE

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