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Defendants & advocates: showing up

Some time around noon yesterday, an old friend called me to discuss venture funding, entrepreneurship and migration options. This was quite timely considering I’m currently fundraising and dealing with certain realities, I’m have a number of first hand stories to share. 

During this chat, he asked a question which stood out — “What’s the ideal relationship between an investor and a company/founder?” 

My answer was simply “showing up”. Both parties need to acknowledge that there is a lot of figuring out and the journey to a happy ending requires everyone to show up. 

I further likened the relationship to a defendant & advocate relationship in a legal context, where the following is expected by default: 

  • There is a need for total trust in honesty.
  • Regardless of the situation, the goal is set to win and/or de-risk the downsides.
  • Both parties need to be present and on time for court hearings (if applicable).
  • Sometimes, there are losses, but that’s not the end. 

Investors are advocates who make public claims or support their portfolio companies in any way possible. 

Entrepreneurs are in a battle with the world (status quo) as it is, changing something fundamental to make the world better in a way that they are convinced it should work. 

The real world will make commentary, and there is already a 95% chance of failure. 

In all of this complexity, I hope VCs and founders will get to a place where they can collaborate to win against the world as it is by solving the most critical problems. 

I hope you win.

God loves you!

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