Build To Never Be Acquired (Don’t Listen to the VCs)
Somewhere in VC Investor Due Diligence 101, an investor is supposed to ask startup founders who would be good acquirers of their business if everything goes well. You see, most VCs invest their limited partners’ capital out of a pooled fund, and these limited partners expect said VCs to return their capital t
Bad News is Good News (Building Great Founder/Investor Relationships)
We recently received an update report from a startup team in the Promus Ventures community. The deck was full of bad news: delays for certain product components were increasing, more bugs and unstable builds than usual, longer than anticipated QA testing, certain new hires were not working out, and a list of a