Remove Business Model Remove Cram Down Remove Founder Remove Seed Capital
article thumbnail

Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell

Growthink Blog

The angel then introduces the entrepreneur to his or her wealthy friends and business connections who, based on the good reputation of the referring angel, also invest. But here is the key – contrary to popular wisdom it is negatively correlated. And they hire very aggressive securities attorneys to represent their interests.