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Ask HN: What are some of the untold truths of raising VC?
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Re: Ask HN: What are some of the untold truths of raising VC?
#2It's very important to understand that once they show interest it means they need you as much as you need them. They're just very good at marketing and putting themselves in a position of "King Makers". Be confident when you talk to them ;)
Re: Ask HN: What are some of the untold truths of raising VC?
#3They really are not your friends -- they are very good salespeople (as mentioned in the other comment).
One of the most famous SV VCs who is pretty much a household name and has the image of -> 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.
Re: Ask HN: What are some of the untold truths of raising VC?
#4Assume things will be structured to favour the VC.