[algo_trader]

What happens if your "lead" angels want to put money but not a board seat?

[bcantrill]

If you are taking truly no institutional capital, it's a party round -- and unless you have a repeat founder that knows exactly what they're doing (and often even then!), it's a huge red flag.

[toomuchtodo]

https://techcrunch.com/2022/08/31/lets-talk-about-party-roun...