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๐Ÿ“– DAILY BOOK SUMMARIES ๐Ÿ“– ๐Ÿš€ 20 Lessons From ๐Ÿ‘‰ ๐Ÿ”ฅ The Entrepreneurial Bible to VC ๐Ÿ”ฅ โœจ Andrew Romans โœจ 1. Understanding Venture Capital โ€ข Learn how VCs operate, their goals, and funding structures.l โ€ข Types of investors: angels, seed fund

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Anonymous

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17. Managing Multiple Investors โ€ข If you have multiple investors, learn to manage their expectations and keep them informed equally. โ€ข Avoid giving any one investor too much influence unless itโ€™s part of the agreement. 18. The Role of Advisors โ€ข Leverage experienced advisors to fill gaps in knowledge and network. โ€ข Advisors can help you navigate the complexities of VC negotiations and startup scaling. 19. Legal Aspects of VC โ€ข Understand key legal aspects of funding agreements, including vesting schedules, founder buyback clauses, and lock-up periods. โ€ข Consult with experienced legal counsel to avoid unfavorable clauses that could hurt you long-term. 20. Post-Investment Relationships โ€ข Post-investment, foster strong relationships with your investors; they can provide ongoing support and future funding rounds. โ€ข Treat investors as partners in your success, not just sources of money 21. Timing of Exits โ€ข Be strategic about when to exit. A good exit can maximize returns for both founders and investors. โ€ข Consider market conditions and company growth when planning an exit.

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