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In my experience, investors are pretty up-front about potential conflicts, and anything you'd possibly share with them isn't going to hurt your business. If yo
by gyardley 16y ago
In my experience, investors are pretty up-front about potential conflicts, and anything you'd possibly share with them isn't going to hurt your business. If you want to raise money, paranoia about angels isn't the way to go about it.
- adrianwaj 16y agoWhy take (waste) your time talking to an investor if they've already invested in something the same or very similar? Open question: which investors have websites, as linked from their twitter accounts, that display all their investments? Does Y Combinator?
- gyardley 16y agoBecause often small investors aren't involved in the day-to-day of their portfolio, don't have information rights, and can invest without any real conflict? Hell, the firm who put $6MM into our Series B is also the lead investor in our biggest competitor. That's a legitimate conflict. Worrying about an angel bringing $50K to the table is a waste of time - if it's really an issue, they'll be the ones to raise it.