What Makes an Entrepreneur? Cojones (7/11)
Both Sides of the Table
JANUARY 5, 2010
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 didn’t negotiate hard on carried interest. Why should I be? You have kids, a mortgage, MBA debt? Not my problem.
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