It is OK, right before you take a check from an investor (big or small), to ask
“What happens if we lose it all?”
It might even be wise to ask
“What happens if we lose it all?”
It might even be wise to ask
There’s actually no right or wrong answer
A truly successful VC will say, “It won’t make a difference”, because it won’t, across a strong portfolio
A nervous angel or someone writing first large check — it could be a career limiting move to lose the money they just gave you
A truly successful VC will say, “It won’t make a difference”, because it won’t, across a strong portfolio
A nervous angel or someone writing first large check — it could be a career limiting move to lose the money they just gave you
Somone who the loss won’t impact at all, likely won’t really be >that< engaged until you are really doing well. Sometimes, decacorn well.
Someone who has more to prove will show up more. They will help more. They will hustle more. And they may also freak out more.
Someone who has more to prove will show up more. They will help more. They will hustle more. And they may also freak out more.
The bottom line is it’s good to ask the question of every investor, it’s part of founder due diligence on their investors
And just listen
You’ll hear in the answers what things will be like when bumps come
And just listen
You’ll hear in the answers what things will be like when bumps come
• • •
Missing some Tweet in this thread? You can try to
force a refresh
