Top answer:
Venture capitalists add value to startups in multiple ways beyond just providing capital. They offer strategic guidance, share industry expertise, and leverage their networks to help startups forge new partnerships and identify potential...
Venture capitalists add value to startups in multiple ways beyond just providing capital. They offer strategic guidance, share industry expertise, and leverage their networks to help startups forge new partnerships and identify potential customers. Additionally, VCs can assist with hiring, as they often have access to an extensive pool of talented professionals.
Additional reading:
https://govclab.com/2021/11/19/the-venture-industry-explained/
https://govclab.com/2023/06/14/the-role-of-venture-capital/