"I know a lot of investors who invest in something because they "need a play in that market sector" or because "they like to follow xyz investors in deals" or b

"I know a lot of investors who invest in something because they "need a play in that market sector" or because "they like to follow xyz investors in deals" or because "it's a hot company, we'll make a lot of money on this one". To my mind, those are not great reasons to have someone invest in your company. When things go awry, and they always do, those kind of investors are not likely to hunker down with you and figure out how to solve whatever problems you are facing." such a great point.