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VC Survey: Advice to Portfolio Companies in Current Market

MoneyControl | Nikhil Patwardhan | Oct 13, 2022

Info Edge Fund founder - VC Survey:  Advice to Portfolio Companies in Current MarketInfoEdge 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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NCFA Jan 2018 resize - VC Survey:  Advice to Portfolio Companies in Current MarketThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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