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by johnrob 4439 days ago
Investors are like employees in the sense that you have to actually work and get along with them. Unlike employees, however, you can't fire the investors. So in theory you should be more careful with investors than employees (and we all know to be careful when hiring). I can thus understand if investors view price optimizing as incredibly short sited and a character flaw.
1 comments
srinivsn 4439 days ago
On the other hand, investors are unlike employees in that they can be ignored if they're not a good fit/not adding value/worse yet, detracting value. Except if they're on your board.

I guess all I'm trying to say is that it would be cool if there was a way for investors/entrepreneurs to try each other out first.

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001sky 4439 days ago
Except if they're on your board.

Pretty sure the Author is a "VC" in the sense that he is investing early with a BOD seat in his primary investments. That seems relevant--ie, its not special case--its the base case. Other classes of investor--eg late stage mezanine--is also often priced more competitevly on price alone. And angels are typically not investing quite at the stage where BOD governance is coming into play (pre series A).

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