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Jerome Gentolia
Angel Investor. Co-Founder at ComeUnite and Tech-Launch Solutions
Recent Activity
The Perfect Pitch - http://www.venturestab.com/2010/08/the-perfect-pitch/ Continue reading
Posted Dec 17, 2010 at Jerome Gentolia's blog
It is ignorant for entrepreneurs to think this way. If they are investing their own money, I am sure they will take their time and do a extensive due diligence as well. One thing investors have is time. An investor who takes time before making a decision shows experience. An investor who makes hasty decision is setting themselves up to trouble. It is easy to shift blame on VCs, especially if the entrepreneurs are ignorant on how VCs really work. I see a lot of these VC bashing from entrepreneurs all over the internet. My take on it! If they feel this way it only shows how clueless they are. Why would I devote more time and invest if I see they can be a huge potential problem as partners. Partnership is like a marriage and it requires understanding and patience. Why will I marry someone who has no clue on who I am and what I do and how I work?
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Sep 2, 2010