1. Venture Capital is a professional venture capital institution with the professional ability to evaluate projects, participate in project development and help you obtain more entrepreneurial resources. But relatives and friends rarely have these abilities and conditions.
2. Venture capital institutions have money and resources, but relatives and friends may not have as much investment funds as venture capital, and relatives and friends do not have corresponding entrepreneurial resources to provide you.
3. Venture capital is not equal to angel investment. Some venture capital is creditor's rights, some are dedicated endorsements, and some are going to rub projects. What is a rub project? Just don't invest money first, hang you up first (sign a preliminary intention agreement), and wait until you start the project yourself or find real funds.
It is a good thing for relatives and friends to lend you money or invest in you purely at risk. You should thank them. What they lend you or invest in you is not just money, but a kind of support and a heart, and it also helps you build up your credibility. Just imagine, if you do something and have no relatives and friends to support you, strange investors will doubt your character and ability and the feasibility of the project. Ma Yun has a good saying.