Let's discuss toxic VCs
I'll start - One of the older VC firms with an office in Indiranagar (also probably planning to shut their scout vehicle fund after a few employee exits) reels of toxicity at the helm. GP who comes from a rich family has the habit of arm twisting employees and putting them down even on the smallest of the mistakes. What's your toxic VC story?
I don’t think VCs have been successful in India. They took wrong bets, followed their US counterpart like sheeps, and created a completely rotten ( growth at all cost) ecosystem in India. If there is someone whom I would like to remove from startup ecosystem in India even before founders, it would be VC operating from India
KidKonsultant
Student
9 months ago
What is your read on Indian PE market? Have they followed their VC counterparts in the way you've mentioned?
Cafeinatedpragmatist
Stealth
9 months ago
Lmao, do you work at swiggy Uberdouche? And do you see the irony in that?
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Itachi777
Stealth
9 months ago
Can u name this VC? Unless they have funded grapevine, I doubt the fund head will find out your details
Brutallyhonest
Stealth
9 months ago
They can find out anyhow
FastSheath
Student
9 months ago
My experience with lightspeed has been very very bad
FastSheath
Student
9 months ago
Partners are very condescending. Have interacted with 3 of them on separate occasions and never get a good vibe. And i have interacted with most top Indian and global VCs
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Qwerty2398
Stealth
9 months ago
This has nothing to do with "VC". This is normal lala mentality. You will see this normally in places where the second gen rich people are the boss. Or people who came from very tough industries like FMCG.
Apradh
Stealth
9 months ago
Are they toxic towards their portco?
Umadbro
Stealth
9 months ago
Yes. LSVP kind of blackmailed one of their portfolio companies to agree to an acquisition offer else they won’t sign the board resolution for normal working of the company.
Apradh
Stealth
9 months ago
I meant, the Indiranagar VC being quoted in this specific post.
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Kamlesh
Stealth
9 months ago
There was a review on Bestvantage posted in company reviews category.
It's rare to find genuine people in VC, most of my interactions have been with slimey a- holes.
FrayedEarth
Stealth
9 months ago
Have heard some horror stories about LSVP
