Last line of investor update email
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True. Also a fundamental founder/investor incentive misalignment
In a short-run mindset, anyway. Long run it creates better founder if you can retain them to reinvest. And perhaps investor also gains from learning. Otherwise, thoughts? - End of conversation
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Source on this? I’ve never seen it and can’t find it in a search
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So good.
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All trueistic speak. Open your eyes and give them what they will buy, not what you think they should have
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This is so what I needed to hear today. Any idea where it’s from?
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Mitch Lowe actually has this as a tattoo
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And this is so true. Real risk comes with a lot more severe consequences.
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Failure sucks but its the best teacher I know.
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