Founders ask me all the time: "What should I look for in an investor?"
One question: Does their management style match how you want to be managed?
You want an investor with great connections. Someone who'll give you insights when you need them.
But you DON'T want someone who tells you WHAT to do or HOW to do it.
If I thought I knew better than you how to run your company, I'd start my own company.
I'm writing a check because I believe YOU are the expert. Not me.
The best investor-founder relationships are partnerships. Not boss-employee dynamics.
One question: Does their management style match how you want to be managed?
You want an investor with great connections. Someone who'll give you insights when you need them.
But you DON'T want someone who tells you WHAT to do or HOW to do it.
If I thought I knew better than you how to run your company, I'd start my own company.
I'm writing a check because I believe YOU are the expert. Not me.
The best investor-founder relationships are partnerships. Not boss-employee dynamics.