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These are all fairly standard VC behaviors frankly. If you didn't do enough diligence on him/her before, then it's your fault. Sorry to be blunt. The best advic
by wayneotau 10y ago
These are all fairly standard VC behaviors frankly. If you didn't do enough diligence on him/her before, then it's your fault. Sorry to be blunt. The best advice I have heard is "VCs are like your Colombian drug suppliers in Scarface. Act accordingly". I have heard worst behaviors where it's more along the side of self-dealing, where if other investors wanted to sue, they have ground to.
This is why if people are wrong to celebrate raising VC money. Celebrate when you actually bootstrap the startup.