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Ask HN: What are some of the untold truths of raising VC?

9 pointsby jungle_bellsover 6 years ago

3 comments

enosantoover 6 years ago
They really are not your friends -- they are very good salespeople (as mentioned in the other comment).<p>One of the most famous SV VCs who is pretty much a household name and has the image of -&gt; kind guy shredded our founder to pieces. It was baffling to watch but just shows how ruthless they can be in the face of adversity.
shoe_hnover 6 years ago
It&#x27;s very important to understand that once they show interest it means they need you as much as you need them. They&#x27;re just very good at marketing and putting themselves in a position of &quot;King Makers&quot;. Be confident when you talk to them ;)
tinktankover 6 years ago
Assume things will be structured to favour the VC.