Venture capital is often seen as a milestone for startups and entrepreneurs in any industry. Bitcoin companies welcome VC funds as well, although Indie.vc is displaying an attractive alternative.
Also read: Bitcoin’s Market Cap is Not What You Think it is
The Downside of Venture Capital Funding
Getting a venture capitalist on board is a big deal for any startup, as they bring much-needed funding to the table. But in the long run, the guidance and insights provided by a VC are much more important for any business. Unfortunately, there are some downsides to this concept as well. Startups are facing pressure, expectations, and have to ensure investors achieve an ROI yesterday rather than tomorrow.
This is where Indie.vc comes into the picture, as they do things in a less traditional way. Albeit this company is dedicated to helping startups and entrepreneurs, their business model is very different from what one would come to expect. Bryce Roberts is heading this new business, which is backed by Fred Wilson and Pierre Omidyar, just to name a few.
Indie.vc is Not Your Average VC Provider