If you are a #founder read this. If you are an #investor support us on this. We talk about all the gyaan to #founders - right team, big market, ethics non negotiable.
What if investors display lack of #ethics? What does the founder do?
What if investors display lack of #ethics? What does the founder do?
A #founder I know is building an EdTech startup. Bootstrapped currently. Revenues in. Profitable. Customers love his product. He thinks it is the right time to raise capital to scale. Approaches a marquee VC firm.
This is what happens: - In the founders words on whatsapp:
This is what happens: - In the founders words on whatsapp:
How do you think we address this? If you are an #VC with capital, does that allow you to throw ethics away? My next steps:
a. Call the partner and let them know.
b. Go to press and expose this behaviour.
c. Help the founder with legal action
#CallOutTheBully
a. Call the partner and let them know.
b. Go to press and expose this behaviour.
c. Help the founder with legal action
#CallOutTheBully
Hopefully the partner does not say chalta hai! If you are a #founder who has faced this, talk to us. It is time we create a list for founder on investors who are not worth their time. Entrepreneurship is already hard - we don& #39;t need to make it harder.
@letsventurein
@letsventurein