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At the end of the day, VCs have to provide their limited partners with great returns, or they aren't going to be able to raise another fund.

Understand that VCs are simply a sophisticated form of financial investors who, in turn, need to satisfy their own investors.

VC firms are... responsible for the full life cycle of a company: they find it, help it grow, open up a Rolodex, and sell it.

Many entrepreneurs have shifted their focus to pursuing VC funding as a primary strategic priority instead of concentrating on generating value for their users. This is worrisome because raising capital alone is misleading as a benchmark for success.

Great VCs do everything they can to make you successful. But just like your bank, credit card company, mortgage holder, etc. they are not confused where their long-term loyalty lies.

We worked personally with a lot of great VCs. They just work incredibly hard at supporting entrepreneurs and their companies.

I'm not bothered when other VCs start hiring great designers or start recruiting. That's the direction I'd like it to go.

We have a mentoring and angel investing programme. We are also talking to the government to help create a VC industry.

By maintaining an active feedback system at every stage of a startup, founders can reduce their burn rate, increase their virality coefficient, and retain key hires.

One of the biggest mistakes entrepreneurs make is not understanding the relationship they have with their investors. At times, they confuse VCs with their friends.