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Hello and welcome to HN! Is it prudent though? I understand the need for expediency, but surely you need to do some due diligence?
by hhandoko 11y ago
Hello and welcome to HN!
Is it prudent though? I understand the need for expediency, but surely you need to do some due diligence?
- tomcam 11y agoMan, I want to hear the answer to this question. I got screwed royally as an angel investor because I was too quick to write a check.
- acveilleux 11y agoBy his story, he spent some time getting to know them but then haggled terms once he'd decided to invest. The way I read the story, his regrets where that he spent that long haggling once he'd decided they were go. Had he closed then, he'd have closed 3-4 weeks before YC, and he would still have had his partners in to spread the risk.