Make money doing the work you believe in

Maybe I'm a bit selective, or as my wife says, obsessive, about certain things where I pay extra attention and stay disciplined.

I don't know about others, but these are my red flags.

Some are instant 'no's for me, while others, when combined, raise big concerns.

1. Trust Breakers:

• Demanding NDAs before basic meetings

• Hiding cofounder relationships

• Lacking basic transparency

= Instant pass

2. Communication Red Flags:

• Using assistants for investor emails

• Ghosting for weeks/months

• Aggressive or irregular responses

= You're not ready

3. Founder Problems:

• Side jobs during fundraising

• Passive cofounders with high equity

• Co-CEOs in early stage

= Fatal structure issues

4. Money Mistakes:

• High burn rate, no path to profit

• Luxury spending + high salaries

• Unrealistic 5-year projections

= Poor judgment

5. Tech Issues:

• Missing technical cofounder

• Outsourcing core technology

• Agency-built MVP

= High risk

Remember:

Every red flag chips away at trust. Be proactive, transparent, and 100% involved. Investors bet on YOU as much as your venture.

Which of these 🚨 red flags surprised you the most? Drop your thoughts below!

#VentureCapital#StartupAdvice#Fundraising

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Dec 29, 2024
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12:02 PM
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