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Do Not Think They Understand Vc Investing

Fund: Japan Asia Investment Co. Ltd.

Posted by Anonymous on 2008-01-08

PUBLIC:

Firm has inexperienced staff searching for deal flow. Frankly the associates have no clue about VC investments. One suggested that startup entrepreneurs need to hock everything to banks before contacting them otherwise the entrepreneurs are not burdened by any financial risks. One could'nt get more naive than that

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