Know the risks
In yesterday's post VC Fred Wilson gave another interesting peek inside the brain of an investor:
- Investors are in the business of taking calculated risks
- Any investment has risks attached to it, you just need to manage/mitigate them
- And here is the key point: an entrepreneur who does not see (or does not want to talk about) the risks is an absolute no-go.
Investors are potential future Board Members looking for CEOs they can work with. Act like one.
Image: Painting by Tigran Tsitoghdzyan