Relationships and Power in Startup Ecosystems - Silicon Hills Lawyer
TL;DR: The highly unequal relationship and power dynamics in most startup ecosystems mean that what is visible publicly (on blogs, social media, etc.) is not an accurate representation of how the game is actually played, because few people are willing to speak honestly and openly for fear of being penalized by a well-connected gatekeeper. This […]
posted in Accelerators , Angels , Board of Directors , Ethics , Founders , Funding , Hiring , Long Essays , Power , Startup Law Firms , Startup Lawyers , Venture Capital on February 18, 2019 by ancerj TL;DR : The highly unequal relationship and power dynamics in most startup ecosystems mean that what is visible publicly (on blogs, social media, etc.) is not an accurate representation of how the game is actually played, because few people are willing to speak honestly and openly for fear of being penalized by a well-connected gatekeeper. This makes off-the-record diligence, and watching loyalti
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