"It's very important for founders not to drink their own Kool Aid, especially when engaging in definitional debates. For smart VCs, it's crucial to have honest conversations about the right margins and metrics to track at the board level. Naturally, good VCs will attract good founders, and vice versa. In general, a good faith effort to focus on the right metrics ensures you're more likely to work with the right board members. There's a risk of adverse selection if you're presenting misleading numbers—only the less discerning or ethically questionable VCs will continue to invest based on those figures, which can be a big problem." - Jeremy Au 区汉辉, Host of BRAVE Southeast Asia Tech Podcast Watch, listen or read the full insight at https://lnkd.in/g5rx5eer Nonton, dengar atau baca wawasan lengkapnya di https://lnkd.in/g_ASYjDs 观看、收听或阅读全文，请访问 https://lnkd.in/g_bsk-Ey Xem, nghe hoặc đọc toàn bộ thông tin chi tiết tại https://lnkd.in/gBxw2Prn #StartupFraud #VC #VentureCapital #SoutheastAsia #DueDiligence #FoundersEthics #FraudPrevention #KickbacksAndBribery #BRAVEpodcast
Lucence COO vs. Cancer. Angel, VC & Harvard MBA. Ex-Founder & Bain. BRAVE Southeast Asia Podcast (60,000+ Listeners) bravesea.com
"It's very important for founders not to drink their own Kool Aid, especially when engaging in definitional debates. For smart VCs, it's crucial to have honest conversations about the right margins and metrics to track at the board level. Naturally, good VCs will attract good founders, and vice versa. In general, a good faith effort to focus on the right metrics ensures you're more likely to work with the right board members. There's a risk of adverse selection if you're presenting misleading numbers—only the less discerning or ethically questionable VCs will continue to invest based on those figures, which can be a big problem." - Jeremy Au 区汉辉, Host of BRAVE Southeast Asia Tech Podcast Watch, listen or read the full insight at https://lnkd.in/gnCAD2wr Nonton, dengar atau baca wawasan lengkapnya di https://lnkd.in/g8Y_qamB 观看、收听或阅读全文，请访问 https://lnkd.in/gfEy9bZk Xem, nghe hoặc đọc toàn bộ thông tin chi tiết tại https://lnkd.in/gdjNmY_r #StartupFraud #VC #VentureCapital #SoutheastAsia #DueDiligence #FoundersEthics #FraudPrevention #KickbacksAndBribery #BRAVEpodcast
