Number 1 Mistake VCs Make with Founders Post Close: Hint-Words Matter...
davidpaul.substack.com
Being a minority investor (VC) puts you under limited control. You are not operating the company and represent a voice on the board and shareholder level. Ultimately you live on the whim of what the founders (usually the majority) want to do with the company post-close, except for protective provisions and board rights if you negotiate for them. If this sounds scary, it's because it is. That is why selecting the right founders is critical.
Number 1 Mistake VCs Make with Founders Post Close: Hint-Words Matter...
Number 1 Mistake VCs Make with Founders Post…
Number 1 Mistake VCs Make with Founders Post Close: Hint-Words Matter...
Being a minority investor (VC) puts you under limited control. You are not operating the company and represent a voice on the board and shareholder level. Ultimately you live on the whim of what the founders (usually the majority) want to do with the company post-close, except for protective provisions and board rights if you negotiate for them. If this sounds scary, it's because it is. That is why selecting the right founders is critical.