6 things startups need to know about venture capitalists

SPONSORED: This sponsored post is produced by Klipfolio.
Every startup needs capital — money it can use to either get off the ground or ramp up growth. Knowing when to seek outside investment from venture capitalists can be a big decision for startups.
Unfortunately, too many startups don’t know enough about how the VC investor system works. Here are six things I think every startup entrepreneur should know about venture capitalists.
1. Understand what a VC is, and how a VC