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I question whether or not you have actual, valid VC/PE experience if you signed over 50% of your company (at seed stage, with other investors potentially availa
by akhsjdasjhd 7y ago
I question whether or not you have actual, valid VC/PE experience if you signed over 50% of your company (at seed stage, with other investors potentially available) without having that equity actually paid for.
Sorry for the tough situation, but this is your fault; the investor didn't destroy your company - you did.
- _tmel 7y agoI take fault for letting a bad actor in, which is why I’m sharing my case with everyone.
- quickthrower2 7y agoKeep toughing it out, hope you get this fixed somehow in your favour. It’s not easy sharing something like this and admitting you made a mistake. The good thing is you won’t make it again.
- akhsjdasjhd 7y agoUnderstood, but you shouldn't blame the Investor - you failed to do proper due diligence and also accepted poor terms when there were multiple, other investors potentially willing to fund the company. You shouldn't blame the Investor