Today, we listened to venture capitalist Mark Suster speak at DogPatch Labs. The room was packed with entrepreneurs, and Suster was very candid.
Among the notable advice he gave, one statement in particular stood out.
"There are two things that never, and can never, get written about [by VCs]," he says.
1. Just how screwed founders get.
2. How badly cofounder situations turn out.
About the first: "I ran into a founder last week," Suster says. "It's a company that at least 50% of this room has heard of. Now, he only owns 1% of his company.
"I told him it's time to cut the umbilical cord and move on. I think he fell for the VC narrative. And that outcome is so common I can’t tell you."
To read the full, original article click on this link: Mark Suster's Advice to Entrepreneurs
Author: Alyson Shontell
