I am in favor of entrepreneurs keeping control, because I have seen second rate VS's and others damage startups. Putting a group of doctors in control in a rec

I am in favor of entrepreneurs keeping control, because I have seen second rate VS's and others damage startups. Putting a group of doctors in control in a recipe for failure. But there are a couple of huge caveats: you must not let your emotional attachment get in the way of your judgement and you must be able to tell when you are in over your head. Advisors who know more than you do are a must. OTOH if you need bags of money, you may not have any choice. If you are so lucky as to have competing investors, pick the most savvy group, not the one who takes the least equity.