Ending graciously
AI Summary1 min read
TL;DR
An investor was impressed by a startup pitch that included a plan for a farewell dinner if the venture failed, showing honesty and consideration for investors even in failure.
Tags
Startups and technologyNext FeaturedEcosystems
A few decades ago, when I was raising funding for a startup, I made a lasting impression on an investor by not only talking about how successful we would be, but also highlighting what would happen if we weren’t. Later, in an informal setting, I asked him what had persuaded him to invest in us. He told me that during the pitch, I had said, “And if all our predictions and expectations are wrong, we will use the last of our funding for a magnificent farewell dinner for all our investors. You’ll have lost your money, but at least you’ll…
This story continues at The Next Web