The answer is "yes" to a certain degree. You must be prepared to lose some control from being a 100% owner to say, a 60 or 70% shareholder of your company. However, VCCs would say this in a positive sense. The whole point of VCC's investment in your company is that such VCs trust your team's capabilities to manage the business in such as way as to maximize value of all shareholders, including theirs. To do this, VCCs need to recognize that management/founders must be given the flexibility to maneuver through the challenges and obstacles of business building. At the same time, VCCs stand ready to assist in areas where you need their expertise, be it hiring key management, fine-tuning your international rollout-strategy, or preparing for the next round of fund-raising, private or public. Bear in mind that VCCs expect you to be in the driver's seat even after investment. They will sit beside you studying the road map and giving you timely directions.