Skip to main content

So that founder you backed turned out to be problematic

By February 17, 2023No Comments

Venture capitalists often say that they don’t just back a company because of its vision, but also because they believe in the founder or founding team and think they’re the right people to execute the startup’s goals.

However, being the right person to bring an idea to fruition has no correlation with being a good CEO or manager of a resulting startup, and investors may find themselves tied into a yearslong relationship with someone who turns out to be problematic.

Though it’s impossible to predict whether someone will make a good CEO, Cameron Newton, a founder and general partner at Relevance Ventures, told TechCrunch that a good indicator of how a founder will act in the future can be how they interact with you throughout the pitch process.

Read More