Founder: If they’re going to this length now and are this nice, imagine what kind of lengths they’ll go to after the investment Narrator: No imagination was necessary
so many founders running competitive processes end up trading 50% off what valuation they could get in exchange for whatever fund spends 20k to impress them in nice hotels, jet rides, or bottles of unpronounceable wine. crazy how high the ROI are on dumb tricks are for funds.
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"If they're going to these lengths now, imagine what they'll expect to extract in growth in return for this groveling"
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Jet ski rides are priceless though
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trying to buy me a jet ski y/n
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just wait until the figure out the ROI on memes and tiktoks
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private jets are the cheapest thing here
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I’m sure that’s true sometimes, but just like with ibanker bakeoffs, in many of those cases they’re just picking who they were gonna pick anyway
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I feel like this doesn’t happen in my world, how many deals a year take a plane ride to win? My
#lifegoal is just like a couple of nice Warriors season tickets to make the close.Thanks. Twitter will use this to make your timeline better. UndoUndo
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The process is so very unbalanced.
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