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#Discussion(Startup) [ via IoTGroup ]
And I had 2 “strategic” investors in my first company.
When people refer to a strategic investor they are usually talking about an investor that comes from the industry you serve as opposed to an independent venture capital investor.
But the venture guys don’t make the calls on what the product business guys do.
So push comes to shove they will be driven by their core business (as they should be) — not the $5 million they put into your company.
It’s true that many VCs over promise how helpful they’ll be with introductions strategic advice
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