It’s always been bizarre to me how poor the actual due diligence is on non-financial stats of early-stage startups. Worse, one sometimes gets the feeling that investors want that kind of risk-taking, particularly in boom times, when they need to deploy capital almost as much as founders need to raise it.
It’s always been bizarre to me how poor the actual due diligence is on non-financial stats of early-stage startups. Worse, one sometimes gets the feeling that investors want that kind of risk-taking, particularly in boom times, when they need to deploy capital almost as much as founders need to raise it.