Venture Capitalists Are Not The Startup Team’s Friend

To be successful in their job, by necessity, VCs are friendly and personable. So friendly that it is easy to be lulled into thinking you are forging a real friendship and that they can step outside their fiduciary selves and provide good unbiased advice to a startup founder who needs good unbiased advice a lot. But it is vital the startup founder keep in mind that the VC has a job to do and they are driven first and foremost by that job even in the advice they provide. READ MORE