Feb 13, 2014 Top 10 Lies Entrepreneurs Tell Investors
The startup Founder and investor relationship can be a very frustrating experience at times. Both are vying for their own best interests in mind and require quite a bit of nudging in order to find a common middle ground to appease both parties. Sometimes however one side can be too stubborn (I’d like to assume its usually the founder) and end up tanking a deal because of their inability to see the bigger picture and potential for a great partnership. So, how does a Founder avoid tanking a deal? DON’T LIE. EVER.
This was written from a Founder perspective but it should be just as useful from an investor perspective as well. Gotta admit though, I’m certainly guilty of saying a COUPLE of these – unfortunately I can’t say the same for the folks who I’ve seen pitch…
Source: One Match Ventures
