4 ms·
To be fair, I can see how my original comment could be misread. I wasn't endorsing the behavior being discussed, I was simply trying to convey the idea that inv
by 7Figures2Commas 12y ago
To be fair, I can see how my original comment could be misread. I wasn't endorsing the behavior being discussed, I was simply trying to convey the idea that investors should accept reality: most founders are going to pick and choose their battles. Realistic investors shouldn't expect founders to go to bat for them unless they have an incentive to.
Example: if you invested $25K in a $250,000 seed round and haven't talked to the founder in six months, don't be surprised if he doesn't fight tooth and nail for your pro rata rights.