The « Lead Investor »
octobre 29, 2007 Laisser un commentaire
One of the most misunderstood concepts in the venture/startup world is the concept of the ”lead investor”. I got an email from a friend yesterday who I won’t name because I am not sure he wants his financing efforts blogged about openly. He said that he’s got indications of interest from a number of investors but they are all waiting for a “lead investor”. I told him that what he has is a bunch of followers who have no real conviction about his business because if they did, they’d step up, negotiate a deal, and get their money into his company. But instead they are going to sit on the sidelines, wait until someone with conviction shows up, and then try to get in alongside the investor with conviction. Lire la suite
