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Am I the only one who finds VC telling entrepreneurs "everything is going to crash soon, so you better close soon and on whatever terms you can get" disingenuou
by jackbean 15y ago
Am I the only one who finds VC telling entrepreneurs "everything is going to crash soon, so you better close soon and on whatever terms you can get" disingenuous?
- mbesto 15y ago/agreed > I can’t emphasize strongly enough to entrepreneurs that if you’re in the process of looking for funding, seed money or an early round, hurry up and get your term sheets signed. I can't emphasize enough that making statements like these also make negotiations very favorable for investors. Sounds like the investors are in a crunch, and not the entrepreneurial spirit.
- alttag 15y ago> making statements like these also make negotiations very favorable for investors ... and do you think WSJ is targeted more at the interests investors or entrepreneurs?
- mmaunder 15y ago+1 He digs even deeper towards the end invoking high unemployment, failed IPO's and the deadlocked administration. You go preach it. We'll just keep building it.
- brlewis 15y agoI'd call it biased, and treat it with skepticism. Disingenuous seems too strong a word. If they really wanted to hide their agenda, they'd astroturf the idea.