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by davidu 3286 days ago
I'll say one. I was on a phone call with Jonathan from Binary Capital when they were looking at an investment in a company I am investor in. They were pushing overly onerous terms, and were changing the original terms that had been agreed upon, including requiring the founders to revest 100% of their vested options/equity despite being multiple years into the company building journey.

The company was at a low point and Binary was trying to squeeze them. Now the company is flying, and Binary missed out. The entire experience made me feel compelled to caution to every entrepreneur who has approached me about working with them since, including another who did, and now regrets it for other reasons.