
Venture Capital
Bad Moves Founders Make
Feb 23, 2024
Join hosts Jon Bradshaw and Peter Harris as they discuss 'Bad Moves Founders Make' in the startup world. They share stories of founder pitfalls, emphasize trust and transparency in relationships, and offer practical advice for navigating fundraising. Tune in for valuable insights and witty anecdotes on the highs and lows of entrepreneurship!
11:45
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Quick takeaways
- Transparency is crucial during fundraising to avoid severe consequences and build trust with investors.
- Misrepresenting investor interest and advisors can damage credibility and hinder successful fundraising efforts.
Deep dives
Concealing Major Issues During Fundraising
Founders sometimes fail to disclose significant problems during the fundraising process. There are instances where founders were aware of critical issues in their companies but did not reveal them to investors, even after raising substantial funds. This lack of transparency can lead to severe consequences, such as the collapse of the entire company, and can be considered fraudulent behavior.
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