A MENTOR CAN OFFER AN ENTREPRENEUR UNTAINTED ALIGNED ADVICE if they have a stock position in the company. VCs have a delicate inherent tension at play: they must first align with the interests of the LP funders to stay in business, and secondarily with the portfolio company. Some do this better than others. But the stock-owning mentor has the same alignment as the founders without this other consideration. Worth bearing in mind at all times when dealing with VCs.
linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022