Founder vs. Investor
by Jerry Neumann and Elizabeth Zalman · 2024
The founder-VC relationship, argued from both sides.
About
A serial founder and a VC lay out their conflicting incentives, in their own words.
Official summary
Written as point/counterpoint between a serial founder and a VC, it exposes the misaligned incentives across the funding lifecycle - fundraising, boards, control and exits - so each side understands what the other is really optimising for.
Why it’s an important read
It shows what your investors actually want and where your interests split. Read it before you take money.
