Genuine VC

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After the VC Term Sheet is Signed – It’s Not Over Yet

Genuine VC

At this point, entrepreneurs know who they’re going to be working with and along what structure, but the deal isn’t done yet… including wiring of the funds! It turns out it was literally the wrong guy, yet same name / different person, and the entrepreneur was asked to sign an affidavit maintaining it wasn’t him.

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Micro VCs Are all BFFs. Forever?

Genuine VC

Playing nicely in syndicates is not reliable due diligence, period. This group-think effect also fosters a negative situation for entrepreneurs as well. Somebody passes in a clique, and soon an entrepreneur is receiving an automatic “no” from the rest of the network of informal ties.

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