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Is Angelus a Red Flag?
A note going into an existing company that has a well-known VC who led a previous round, that means is a bridge round. A lack of due diligence and a lack of data in the deal memo are red flags for people to notice. So you got a high price, they want 25 million, 35 million, but they don't actually have quarterly, monthly revenue spend charts in there. You've got to be very careful about your record. The people who have a lack of performance will share roadmaps, plans, features, you know, events that they spoke at.