If you do not have multiple incompatible offers, do not take the best one
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Competition can be an effective motivator but it shouldn't dictate your choices 1 0 2Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2If someone makes you an acceptable offer, take it 1 0 2If you have multiple incompatible offers, take the best one 1 0 2Don't reject an acceptable offer in the hope of getting a better one in the future 1 0 2If you have multiple founders, pick one to handle fundraising so the other(s) can keep working on the company 1 0 2Avoid casual conversations with potential acquirers unless you want to sell your company right now 1 0 2Founders have a moral obligation to respond promptly to clean offers from investors 1 0 2The nirvana fallacy can be avoided by comparing realistic alternatives 1 0 2If you do what's best for this current step, you may miss what's best for a few steps ahead 0 0 1