Credentialing is an (unavoidable?) product of scaling up angel funding. On the other hand starting my startup, convincing friends to join it, getting to the int

Credentialing is an (unavoidable?) product of scaling up angel funding. On the other hand starting my startup, convincing friends to join it, getting to the interview stage at YC and losing a nontrivial amount of my friends money on a stupid idea did make me a more mature person. Your friend might just learn a few things by accident.