NiceMap18

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?

10mo ago

Samiyana

Meta10mo

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

Student10mo

What is your read on Indian PE market? Have they followed their VC counterparts in the way you've mentioned?

Cafeinatedpragmatist

Stealth10mo

Lmao, do you work at swiggy Uberdouche? And do you see the irony in that?

FastSheath

Student10mo

My experience with lightspeed has been very very bad

AlphaGrindset

Series A Startup10mo

Really? What happened?

FastSheath

Student10mo

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

Itachi777

Stealth10mo

Can u name this VC? Unless they have funded grapevine, I doubt the fund head will find out your details

Brutallyhonest

Stealth10mo

They can find out anyhow

Apradh

Stealth10mo

Are they toxic towards their portco?

Umadbro

Stealth10mo

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.