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I think entrepreneurs often forget that VC's are deploying OPM, which puts an enormous amount of pressure on the firm to deliver outsized returns. I've met a fe
by 90002 10y ago
I think entrepreneurs often forget that VC's are deploying OPM, which puts an enormous amount of pressure on the firm to deliver outsized returns. I've met a few entrepreneurs over the years that fail to understand this fully - sad!
- tedmiston 10y agoOther People's Money Ah. http://www.bmecapital.com/Common_Practices.html http://www.bmecapital.com/Common_Practices.html