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A reader asks:  My co-founder and I are about to approach VCs for funding for the first time.  We’re both first-time entrepreneurs and don’t want to make any rookie mistakes.  What are some of the common missteps you’ve seen guys like us make dealing with financiers?

Answer: You’re always at a disadvantage when dealing with the venture capital community, since their experience almost certainly outweighs yours. But there are ways to can go into the negotiations prepared. Here are five quick things that startup owners often get wrong:

To read the full, original article click on this link: The 5 most common mistakes startups make with VCs | VentureBeat

Author: Scott Edward Walker