Replacing Your VC? 5 Principles For Entrepreneurs

At Tau Ventures we advise all entrepreneurs to look upon the diligence process during a fundraising round as a two-way street. We believe it is not only an opportunity but a duty of the CEO to develop conviction that the VC they are bringing on board will indeed be the right partner moving forward. A wrong choice is akin to a bad marriage — terrible for all parties. In fact we subscribe to the maxim that hiring and firing your employees is hard, hiring and firing your investors is harder. That said, there are many situations in which a startup…...