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The Damaging Psychology of Down Rounds

Both Sides of the Table

million and only manage to get $750,000. Often that is a good incentive because it keeps VCs from screwing people over since a bad reputation or bad working relationships could cost you deals in the future. ” What does that mean? It’s far better to be raising $1.5 ” Damaging psychology.

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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. There are a lot of dark, hard days. There is considerable internal debate around whether or not to solicit and/or accept outside venture capital.