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Zak Kukoff
1 month ago

These rounds involve a partner joining your board for the next 10-15 years. They’ll be who you rely on when you’re growing—and when you’re struggling.

Making a commitment with no diligence feels as strange as a shotgun marriage. Would you marry someone after knowing them 72 hrs?

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  • Zak Kukoff
    1 month ago

    My advice: diligence your potential investors the same way they’ve no doubt diligenced you (even if you’ve just met them).

    Ask to talk to founders in their portfolio who failed. See how they support founders who’ve struggled.

    Only then feel comfortable with them on your board.

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  • Replying to @zck

    marriages in vegas == rushed financings in SV

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  • Zak Kukoff
    1 month ago

    Replying to @sarthakgh

    Exactly - but worse, because there’s little possibility of divorce

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