This is the second post in a blog series on trust. Last week, I wrote that VC is a “trust business” and I highlighted why trust between an entrepreneur and a VC is important (called “When Entrepreneurs and VCs Break Up” and is here). This week, I’d like to write about trust between a VC firm
Author: Jo Tango
Series on Trust: When Entrepreneurs and VCs Break Up
We met with some of our large investors recently, and one of them mentioned: “VC is a trust business.” He was saying that he trusted us. I’ve been thinking a great deal about what he said. I think trust in venture capital is critical, and it is something that covers multiple dimensions. So, I’d like
Who should be in a start-up’s financing?
I’ve been meeting a lot of entrepreneurs these days who are thinking about whom to bring into a financing round. VCs call the group of funders a “syndicate.” Many of the entrepreneurs think of funding sources with an “either/or” mindset. Either they want to raise angel/micro-VC money, or they want to raise VC money. Personally,
VC & conflicts of interest
I had dinner a few weeks ago with some entrepreneurs, and it got me thinking about how a VC manages potential conflicts of interest. In short: does a VC give advice that is best for the entrepreneur or himself? To start, let’s talk about how a VC is a business just like any other. The
Sen. Olympia Snowe’s grit and perserverance
Here’s a very inspiring article from Maine Senator Olympia Snowe. It appears in today’s New York Times: When I was growing up, I would never have guessed that I could become a United States senator. Both of my parents — my father a Greek immigrant, my mother the child of immigrants — died before I
“Worst Parts of Being a VC?”
I read an interesting post on Quora, written by an anonymous author. He/she writes about the worst parts of being a VC. I disagree with many of the points, but I think it’s a POV that’s worth reading if you’re an entrepreneur. It’s relevant in case you get whiff of a re-org or compensation negotiations