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by FreakLegion 646 days ago
Only two of those institutional investors have board seats. The other three don't get formal updates and don't have information rights.

My point was that they didn't ask because they were good investors and actively involved with the business, so they already knew what was going on.
1 comments
jedberg 646 days ago
Right, and my point was that you had someone to be accountable to on a regular basis, so it helped keep you motivated and on track to produce results to report.
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FreakLegion 646 days ago
No, it didn't. It was a waste of time for the handful of months we sent them.
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