Chapter
Losing Touch with Startups
43:12 - 48:48 (05:36)
As businesses grow bigger, there's more involvement from lawyers, accountants, tax people, regulators, and back-office staff, which can lead to losing touch with what was once exciting about the business. Despite the challenges, staying away from startups is an exercise in futility.
Clips
The more people and professionals are involved in a growing business, the less excitement and touch an investor has with the business.
43:12 - 48:48 (05:36)
Business Growth
Summary
The more people and professionals are involved in a growing business, the less excitement and touch an investor has with the business. However, being away from startups is futile for some investors due to their passion and identity wrapped in the company.