Remove 2007 Remove Customer Remove Seed Money Remove Warrant
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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? I want our associate to have empathy for the customers we serve — our portfolio companies. Why should I be? Not my problem.

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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

I raised $500k in seed money to start the company. The company did well in 2006 as we delivered a phenomenal product that got much industry acclaim at conferences and with initial customers. But it is clearly not warranted in all cases. I had just moved back to the US from living in Europe for 11 years.

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