When speaking with venture capitalists,the entrepreneurial team should be prepared to provide the complete details of ongoing talks with other venture capitalists.

Question

Quizplus · Accepted Answer

Venture capitalists understand that entrepreneurs may be in talks with multiple investors to secure the best deal, and it's a common practice to keep specific details of these discussions confidential until a certain level of interest or commitment is established. Sharing complete details of ongoing talks with other venture capitalists could compromise negotiating positions or breach confidentiality agreements.

When Speaking with Venture Capitalists,the Entrepreneurial Team Should Be Prepared