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by Jaymz87 1148 days ago
Investors probably shouldn't be chucking $100m+ at startups without doing the bare minimum of DD if that's the point of contention here...
1 comments

You can't pin it on investors, when founders deliberately schedule fundraising rounds tightly not to give investors time to think. This benefits the founder, but if they pull a fast one, investors will lose trust and be less lenient towards the next founder. Trust is a pillar of the venture capital ecosystem.

Don't say buyer beware.