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by wayneotau 3698 days ago
These are all fairly standard VC behaviors frankly. If you didn't do enough diligence on him/her before, then it's your fault. Sorry to be blunt. The best advice I have heard is "VCs are like your Colombian drug suppliers in Scarface. Act accordingly". I have heard worst behaviors where it's more along the side of self-dealing, where if other investors wanted to sue, they have ground to.

This is why if people are wrong to celebrate raising VC money. Celebrate when you actually bootstrap the startup.