Alexander: Raising a Serious Seed Round Raises the Stakes for Early Exits
Phil Alexander · EP 389: ConceptDrop Raises $1.1M, Helps You Get Creative Work Done Quick with Phil Alexander EP389 · Aug 17, 2016 · at 13:59
ConceptDrop CEO Phil Alexander discusses how institutional venture capital commitments prevent founders from taking early acquisition payouts.
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“The second you raise a serious seed round, it kind of changed the stakes for what's acceptable to everyone. And like, I made a commitment to the investors to get to a certain point. And I think Yeah. You kind of got to assume when you have these, you know, professional investors coming in, they're expecting a certain return.”
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