Seasoned investor Pip Wilson shares her advice on how tech founders and angels can work together and form a symbiotic relationship.
When it comes to the success or failure of any startup, the relationship between early-stage investors and founders can be an important factor. Without trust and mutual respect, an open dialogue and a clear understanding of the investor’s level of involvement, startups are less likely to make the grade and become a success.
It’s key when entering into a relationship that both the founder and investors are clear what the ideal outcome is. If an investor is interested in an exit within five years they aren’t the right fit for a founder that is looking for a longer term slower growth model. Although no one can predict the future being transparent about the goals from the start is key....