Re:Entrepreneurs: The End Is Near. Refinance.
by jackbean on Wednesday October 05, 2011 @06:57AM
(#3075088)
Am I the only one who finds VC telling entrepreneurs "everything is going to crash soon, so you better close soon and on whatever terms you can get" disingenuous?
[ Parent
| on HN ]
Re:Entrepreneurs: The End Is Near. Refinance.
by mbesto on Wednesday October 05, 2011 @07:09AM
(#3075122)
/agreed
> I can’t emphasize strongly enough to entrepreneurs that if you’re in the process of looking for funding, seed money or an early round, hurry up and get your term sheets signed.
I can't emphasize enough that making statements like these also make negotiations very favorable for investors. Sounds like the investors are in a crunch, and not the entrepreneurial spirit.
Re:Entrepreneurs: The End Is Near. Refinance.
by alttag on Wednesday October 05, 2011 @07:26AM
(#3075153)
> making statements like these also make negotiations very favorable for investors
... and do you think WSJ is targeted more at the interests investors or entrepreneurs?