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by jacquesm
1624 days ago
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True, but it can make negotiations later on a lot harder and it increases the chance of having a problematic investor on board. The more professional investors are the easier it is to make deals. A start-up doesn't have to be killed for it to be a problem. Speaking from experience: I had a 5% problematic shareholder in camarades.com/ww.com in 1998 and it significantly reduced our chances of success. |
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