Since 2015, Scott Perlov has worked as an attorney at Brian Cave, LLP in Boulder, Colorado. Scott Perlov is well-versed in the ins and outs of venture capital and angel investor financing. Venture capital is a form of funding that is normally given to startups in exchange for equity in the business. This type of funding has become more popular as startups can struggle with bank loans and debt financing. Startups can focus on delivering products and reinvesting profits into the company instead of paying off debts. Companies of all sizes can take advantage of venture capital. It is usually handed out during venture rounds, which translate to installment payments of the capital. Each round of financing has expectations for company growth, and the amount being funded typically grows in each round. Firms that consist of venture capitalists and general partners decide on which companies to invest in, with the general partners normally having the final say. The typical lifespan of a venture capital investment is 10 years. Venture capital firms go through initial investment, growth, and follow-on investment, and exit phases accordingly.