Investor Introductions: It’s All About Who You Know

Posted by ErinB under Raising Capital
From http://sprouter.com 4268 days ago

If you’re not in Silicon Valley, chances are you won’t run into a VC on your morning Starbucks run. It can be difficult to get introductions to potential investors when you’re in a startup community that isn’t teeming with them. So what’s the best way to get in touch? Every investor seems to have the same advice: it’s all about trusted recommendations.

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Comments

Written by saraib820
4268 days ago

Too much of business is who you know rather than what you can do. It's why in too many companies, you see a situation where a high-ranking employee brings aboard a sibling or relative who is competely incompetent. I worked as a patient advocate in a large hospital in the states in the 90s. The general manager's son also held a position of authority. Unfortunately, he could barely tie his own shoes. Nepotism sucks!

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