Founders do not have a moral obligation to respond promptly to clean offers from investors
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Opposing Arguments
Argument #1979852c 1 0 2
If it is true that...
Some investors may lack numeracy skills or believe they cannot predict startup outcomes 1 0 2and
Investors who behave upstandingly should be responded to in kind 1 0 2Then it must be true that...
Founders have a moral obligation to respond promptly to clean offers from investors 1 0 2Citations
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Related Propositions
Founders may increasingly be able to resist turning into managers 1 0 2The behavior of investors is often opaque to founders 1 0 2Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2The amount a startup should raise depends on the startup's needs, not on the amount investors are willing to invest 1 0 2Good investors don't lead startups on; their reputations are too valuable 1 0 2Investors who behave upstandingly should be responded to in kind 1 0 2Founders have a moral obligation to respond promptly to clean offers from investors 1 0 2Investors may pressure founders to stop raising money until they commit to them 1 0 2Founders should be cautious even when potential series A investors have great reputations and work fast to provide termsheets 1 0 2Having one founder take fundraising meetings avoids real-time negotiations 1 0 2