Successful entrepreneur and CEO, Jay Adelson, demystifies the start-up process by providing advice, tips, and answering questions. Today Jay discusses what the implications are of having a bad board member or investor, and what you can and can't do about it.
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About Ask Jay: Entrepreneur, CEO, and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo) demystifies the start-up process by providing advice, tips and answering questions. Submit questions to learn how to turn any business idea into reality and maybe even change the world.
Comments on "Can You Get Rid Of A Bad Board Member?"
I'm? with you on ... I'm? with you on this one. I've seen good and bad...and the bad ones usually aren't malicious.
@BeatThe Brave: I ... @BeatThe Brave: I am not a VC, but a I can tell you. a good VC is not evil. In this video, anonymus has choose a BAD VC firm and let a BAD director on board. A VC should not only cover your finances, but can hook you up with important? people, can give good advices, can save you from failure with their past experience, etc... Take this as an advise: always take the GOOD money. Choose the VC who is investing in you, cuz he thinks what you're doing is great and can help you to achieve your goal!
The more and more I ... The more and more I hear about Venture? Capitalist, the more and MORE I NEVER want to deal with them when it comes to ANYTHING business. Sadly, I know that they're a necessary evil...