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Investors Are Your War Partners, Not Your Beer Buddies…

The founder/investor dynamic is extraordinarily complicated and often misunderstood. Entrepreneur-turned-professor Steve Blank wrote that VCs are your frenemies. He describes an encounter that began, from his perspective, as a social call and ended with investors abandoning his startup. Caught off-guard and stunned, he had misinterpreted his relationship with the investors, ...

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