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3 Ways VCs Can Add Value to Your Startup Beyond the Cash

This story appears in the October 2014 issue of Entrepreneur. Subscribe »

Here's something that drives me nuts. When they hear that I'm with a VC firm, many entrepreneurs will say that the only value we add to a company is money. Nothing could be further from the truth.

While much of our success can be attributed to front-end diligence, research and deal-making, the best VCs are more than good pickers. In fact, the profile of a typical VC is starting to mirror that of a successful entrepreneur, and the next generation of VCs will likely have resumes that are heavy on entrepreneurial operating experience. Here are some of the benefits, beyond money, they can have for you.

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