In this episode of BRAVE, Jeremy Au answers a listener’s questions about why founders “show off”, the fiduciary duties of executives, board members, and VCs, and the advantages of being able to raise capital in startups and how to responsibly deploy it.
“The difference between privilege and advantage is what you are doing with it. A lot of people have advantages but they just sit on them. They’re comfortable with it and some of them even squander it. We have advantages in different areas, so let’s be clear-eyed and realistic and build in those areas as much as we can. Let’s take a step back and respect those who want to make a difference regardless of their advantage.” - Jeremy Au
"The media really wants human stories. It’s interesting to know company stories about growth rates and how robust the business is, but they want to talk about classic heroes' journeys that came through, how they overcame obstacles, got advice, changed their lives, and built a business that’s doing well." - Jeremy Au
Read the transcript at www.bravesea.com/blog/fundraising-privilege
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