4 ms·
Fred is a VC. VCs don't want to be just a dumb pipe of money, competing on terms, they want to be management coaches and compete on unmeasurable intangibles-- i
by sbierwagen 4y ago
Fred is a VC. VCs don't want to be just a dumb pipe of money, competing on terms, they want to be management coaches and compete on unmeasurable intangibles-- in exchange for more of the company at a lower price.
- mandelbrotwurst 4y ago...and on top of that, many founders do want this for good reason! Even with "laser vision" with respect to the future of your product, it's likely that you'll benefit from advice from someone with decades of experience.
- jacquesm 4y ago> VCs don't want to be just a dumb pipe of money, competing on terms What they want and what they are is not necessarily the same. Plenty of VCs are just dumb pipes for money. There are exceptions.