Must read for any startup CEO & Founding Team: http://bit.ly/53oEnc
This is a great post from one of the VC blogs I follow, Seeing Both Sides, about oversight in start-ups. I agree that it’s best for CEOs and founders to get ahead of this stuff, but there really is a lack of detailed information on VC expectations in this regard. We’re very lucky to be in the current generation of entrepreneurs where so many VCs and successful entrepreneurs blog in detail and reduce the information imbalance between investors and entrepreneurs enabling both to work much better towards aligning interests.
Full link:
http://bostonvcblog.typepad.com/vc/2009/12/a-lot-has-been-written-in-the-last-week-about-the-scandal-at-canopy-financial-a-venture-backed-high-flying-company-that-att.html
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