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Why would a fund want to participate in a series A with an entrepreneur who screws their investors? Wouldn't the logical conclusion be to screw the series A inv
by spinlock 12y ago
Why would a fund want to participate in a series A with an entrepreneur who screws their investors? Wouldn't the logical conclusion be to screw the series A investors when they go to raise a series B?
- danielweber 12y agoBecause the series A investors have clout and standing with (and may be the same parties as) the series B investors.