Cai Wensheng share experiences about raising fundings: look VC as free consultant

April 12nd, Cai Wensheng share his own 3 points about how to negotiate with VC.

1. The entrepreneur should learn of VC's backgrounds. For example, he spent one night time to find these people's background files before visiting VC. It helped him a lot when talking with VC.
2. The entrepreneur is not good at evaluating. Generally speaking, people will decide the price via search capital cap of other's company on the Internet. In fact, you can ask VC to evaluate the price of company.
3. The entrepreneur should consider VC as a free adviser. VCs always point out a lot of problems existing in the operation of company. This a a good chance for yourself to introspection.