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Why does TVP summarily reject many good business opportunities?

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Why does TVP summarily reject many good business opportunities?

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TVP aims to invest in approximately 4 to 6 new companies in a year. In order for our relatively small team to spend adequate time working with the short list of 20 to 30 investment candidates that we review in depth each year, we need to quickly reject many applications that potentially fit our criteria. We seek to respect all applicants by quickly rejecting businesses that we consider unlikely to make it through our process. A rejection may be made for a variety of reasons that do not necessarily reflect on the quality of the business or the management team.

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