Comment TM Ravi, managing director, The Hive
There has been consolidation in the venture capital industry especially since 2008, resulting in fewer and larger funds.
As a result, VCs are getting involved with startups at later stages and making larger investments. The metrics that VCs are seeking from a startup for initial funding present a challenge to startups – these metrics are generally not something that two entrepreneurs sitting in a Starbucks for two years can get to. This gap is being addressed by other institutions –…