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Well you now have 44 people looking over your shoulder, giving you advice based on half-baked opinions formed on partial information, and freaking out whenever
by TruthWillHurt 5y ago
Well you now have 44 people looking over your shoulder, giving you advice based on half-baked opinions formed on partial information, and freaking out whenever you do something that slightly surprizes them. congrats.
- jacquesm 5y agoThat's complete nonsense. A good angel-company relationship is not driven by the angels but by the company management. It's on their terms that advice is sought, evaluated, and quite possibly rejected. If you let your angel investors drive your company you are doing it dreadfully wrong. As a participant in well over 20 investments now I've yet to see this go wrong even once.
- TruthWillHurt 5y agoAnd what happens when an investor and your cofounder disagree? What happens when they turn one founder against the other? what happens when they pressure the board? If you haven't seen one of the above than I doubt you've been involved in more than a couple investments, let alone 20.