Comment by bix6
3 days ago
Great write up anil!
Agreed it’s so difficult. And every time I think we have things all figured out, someone flips the table!
I’ve seen some ruthless terms for angels too. My buddy took an uncapped SAFE to get in a deal while the deal runners gave themselves a cap.
One thing that always exists in financial markets is cycles. It just might last longer than we care for.
I’m a small biz guy and not interested in VC. Very boring.