20 Nov

While your startup may or may not achieve vaunted levels, with the guidance, support, connections and sheer level of funding available, acquiring venture investment will likely improve your business' chances. There are several good reasons why a startup should consider venture capital (VC) support. Here are some:

Guidance and support

It is a selling point by entrepreneurs. VC investors understand the sectors they invest in intimately, they are experienced in the field and know where things are headed. For instance, a VC that specializes in technology will meet frequently with senior executives at blue-chip technology companies in Singapore and have insight into research and development and strategic road maps. All of which can help steer the product/service toward something the established category leader would highly value.

Connections bring options

Having a good idea is one thing, but knowing where to take it can be challenging. VC firms in Singapore who operate in one sector have economies of scale, develop many contacts and can connect firms across their portfolios. They can open doors, create synergies across companies and provide entrepreneurs with access to top talent. Options are empowering, and the connections can create a snowball effect that can facilitate rapid growth.

Patient money

Sometimes it's not about being first to market, but it's about getting your product or service right or even waiting for the right timing. Public money isn't patient, and neither is bootstrapped money when rent is due. Venture capital investment, on the other hand, is frequently referred to as patient money. Strong VCs understand that, unlike the residential real estate industry where the prevailing strategy is ripping them and flipping them, startups need time to grow.

Supporting your own business is stressful and time-consuming

Finding your next dollar can be extremely stressful, time-consuming and distracting. It takes a temperament to handle the stress of it all while keeping an eye on the business. Having a VC firm support allows entrepreneurs to focus more on growing the business while lessening exposure to personal financial risk.

Better performance

All of these arguments lead to one reality that most entrepreneurs care the most about performance. The facts speak for themselves. Venture-backed companies significantly outperform non-VC-backed companies.

If you need venture capital for technology investment, visit our website now, and let our experts help you today.

Resource:
https://visual.ly/community/Infographics/business/why-you-should-consider-venture-investment

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