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Why does VCF not invest in a start-up from the inception of the business relationship?

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Why does VCF not invest in a start-up from the inception of the business relationship?

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• Our assessment is that the risk and probability of failure is simply too high at this point. Also, VCF needs time to assess the founders of the company in order to ascertain if they have “the right stuff” and whether the product/service has customer acceptance.

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