VC Survey: Advice to Portfolio Companies in Current Market

MoneyControl | Nikhil Patwardhan | Oct 13, 2022

InfoEdge Ventures also suggested its portfolio founders to focus on their core businesses and asked them to improve their product market fit. "Stop doing non-essential stuff"

• Survey: In an internal survey conducted by InfoEdge Ventures with 39 partners across 25 investing firms
• VCs advising their portfolio startups to cut costs, downsize teams and raise funding without over-negotiating on valuations.
• "The key goal is to survive. It might get worse before it gets better," the survey showed, a copy of which was accessed by Moneycontrol.

See:  Corporate Venture Capital and How It May Impact Your Startup

• If you need the money and are getting it, take it without over-negotiating the valuation
• Focus on their core businesses and are asking them to improve their product market fit.
• Strategic: "If you have plenty of money, this is the time to put pressure on the competition."
• In May-June, VC firms including some of the world's largest such as Sequoia Capital, Y Combinator, Beenext, and Orios Venture Partners, were suggesting their portfolio companies to cut costs and extend the runways, anticipating a prolonged funding winter.

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