Chapter
The Price of Investor Relations
15:31 - 19:24 (03:52)
This episode discusses the cost of maintaining a professional relationship between investors and startups, including the legal fees associated with fund management, as well as the cost of conflict avoidance.
Clips
The rise of "open startups" who reveal their revenue in real-time, as well as other high-level metrics, has led to a shift towards more transparent businesses models.
15:31 - 16:25 (00:54)
Business
Summary
The rise of "open startups" who reveal their revenue in real-time, as well as other high-level metrics, has led to a shift towards more transparent businesses models. While some companies divulge everything from employee salaries to bank account information, others stick to the basics.
ChapterThe Price of Investor Relations
Episode#128 - Open Startups, A Mysterious Bag Lady, and Gamifying Facebook Ads
PodcastMy First Million
The cost of VC legal paperwork can be expensive, with lawyers on the VC's end able to charge up to $800,000, leading some to wonder whether the benefits of settling with a public figure are worth it.
16:25 - 19:24 (02:58)
Venture Capital
Summary
The cost of VC legal paperwork can be expensive, with lawyers on the VC's end able to charge up to $800,000, leading some to wonder whether the benefits of settling with a public figure are worth it.