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Entrepreneurs must be prepared to pivot their business strategy based on feedback from investors from "summary" of Secrets of Sand Hill Road by Scott Kupor
Entrepreneurs entering the world of venture capital should understand that the relationship between them and their investors is a two-way street. One of the critical aspects of this relationship is the ability and willingness of entrepreneurs to pivot their business strategy based on the feedback they receive from investors. This feedback is not just a formality; it is a valuable source of insight and guidance that can help entrepreneurs make more informed decisions about the direction of their company. Investors, particularly those who have been in the game for a while, have a wealth of experience and knowledge that can be incredibly beneficial to entrepreneurs. They have seen countless companies succeed and fail, and they understand what it takes to build a successful ...
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