Don’t Snatch Defeat from the Jaws of Victory – Part 3

Updated November 6, 2011

Doc Sheldon

This is Part 3 of my investor series. If you haven’t already, you should first read Part 1 and Part 2.

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The integration of investors can bring on a number of changes for the company, the owners and the folks in the trenches. The availability of funding is a positive aspect, if properly utilized, but there are other considerations – each of which can be as positive (or negative) as the parties decide to make them.

DreamsFor the entrepreneur, it can be difficult to let go of a piece of his/her dream. I imagine it must be like sharing a child with someone from outside the family. In situations where funding is essential for the continued survival of the company, accepting this may be easier, but it’s still an issue for most. I’ve heard many founders say things like “This is MY baby!” when an investor is pressing for changes. Enter the green-eyed monster. [Read more…]