Singapore is undeniably one of the small city-states that continually impress with her thriving economic system.

This can be greatly seen in the number of startups that are growing in the country. Just in 2015, the number of start-ups reached 48,000.

One of the reasons behind the rise is the presence of venture capital firms. The role these firms have is to provide capital, technical resources and business advice to increase their likelihood of success.

Venture capital firms, as explained in Investopedia, are a group of investors, investment banks, and any other financial institution that provides venture capital. Note that on the other hand, an individual investor who invests in startup is called angel investor.

Venture capital is financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential. Venture capital generally comes from well-off investors, investment banks and …