Rami Khoshan of Frances Ann Capital Partners explains why founders must be transparent about setbacks rather than hiding problems from investors.
0:00 / 0:39exact quote · 39.6s
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“The founders need to be aware of is that likely your investors have seen a lot more than you think they have, and they understand more than you think you do, and if you're always presenting like nothing's wrong, they're gonna start to think something's wrong, because, like, it's not possible that you can't be the only one living in a bubble, you know, so if I'm an, if I'm a fund manager, and I've got eight Okay, this happened to me last week, all different things, and I've got one who's, their life is always perfect. I'm gonna start to be suspect of, like, what's going on with this founder, because, like, they're not telling me the truth.”
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