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Don't ask us what to do. Don't ask Medium what to do. You have a VC... ask them what to do. Your current VC has probably seen stuff like this before. They will
by beat 10y ago
Don't ask us what to do. Don't ask Medium what to do. You have a VC... ask them what to do. Your current VC has probably seen stuff like this before. They will have legal expertise available to you, as well as their experience and their judgment. Ideally, you pick a VC based on their value besides mere money anyway. They should be good advisors.
If your VC says just don't engage, then don't engage. If your VC says pay them, get a second opinion coz that's BS. But odds are good that your VC will happily call them up for you and give them a good stern talking-to.
For all the calls of "sunshine" here, your own VC is in a much better position to badmouth them than we are. Toxic behavior like this can get them cut out of ride-along deals, and they don't want to lose the opportunity to be co-investors on the best deal flows.
- jusben1369 10y agoyes but how does that approach help drum up awareness in their startup?! this thing has viral posting written all over it. (I actually have no issue with a startup doing this if it helps them)
- erlehmann_ 10y agoWhat makes this likely in my opinion is that the author of the article, Christoph Gerber, has already founded one successful startup, Lieferando. He probably has access to legal advice – and he is also not new to the startup business.
- hkmurakami 10y agoPrecisely. The post even reads like a story more than a problem description. I don't even think it's a bad growthhack move. Certainly seen worse.
- forgetsusername 10y ago>If your VC says just don't engage, then don't engage. If your VC says pay them, get a second opinion coz that's BS. Wait...are you taking the VC's advice, or aren't you?
- spacemanmatt 10y ago...not blindly
- michaelmior 10y agoUnless the advice is not to engage.