The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Herman: Build In-House When Strategy Is Core; Acquisitions Fail To Integrate
“When what you're working on is sort of core to your long-term strategy I feel like there's no, no better value of developing that in-house, of creating that yourselves, because you can't get your hands around the technology, or the customers, or the employees,…”
Herman: Raising venture capital locks founders into pursuing an exit
“Most people don't realize that once you take venture capital, you are stuck. You're going for an exit, and that's what everybody wants.”
Herman: Unmotivated founders should directly ask investors to wind down
“Speaking as an angel investor, no investor wants to be involved in a company that the founders don't want to be involved in. So, you know, it's just going to take a long time to die, and it's going to be a long, painful death. So, so the best way, as hard as i…”