We've been doing a lot of work over the last two years with Venture Capital. We're equipping VC funded companies with best-of-breed CRM. We have an order book going forward two years with similar projects.
There's one great reason why venture capitalists (VCs) love SuiteCRM. Cost efficiency.
VCs are generally very smart people with a singular focus on making money from their portfolio companies. The top quartile VC funds generate returns of > 30% consistently. That takes real talent.
Venture money is not long-term money. The aim is to invest in a company’s balance sheet and infrastructure until it reaches a sufficient size and credibility so that it can be sold at a profit, usually within 3 to 5 years.
VCs invest. They invest in the parts of their portfolio companies that are going to yield the greatest return on investment. They don't waste money. VCs build lean machines. They don't like fat. Fat is wasteful. They don't do fat.