What sort of companies do venture capatilists like?

As follows:-

1) Promoters having large static as well as dynamic stakes in the company.
2) Promoters fully dedicated to the company. Part time working promoters are a no no.
3) Promoters with impressive history and/or strong work ethics.
4) A promise of long term benefits.
5) Strong and intelligent work force.
6) Mature management group.
7) Clarity of the financial reports.

The use of "WHY" by business leaders

What separates the business leaders from the normal people who "practice" business, is that the leaders always ask the question "why" when they are taking decisions. While the normal people are happy just to follow what top CEOs or top management gurus tell them or what the traditional reaction theory indicates, the leaders ask the all sort of questions like why should we follow the tradition,is it loss-proof? Why the management gurus are to be listened, are they right?

These sort of questions make sure that when the majority of people face dire losses when the gurus and the tradition fails, the leaders smile with a bucket of profit. Always do your calculations and analysis. Never take decisions solely because some top business person has taken similar decision. Never take decisions just because those proved correct in the past. Analyze and then take decisions. Always ask "why".