Relationships with investors can influence company direction from "summary" of The Founder's Dilemmas by Noam Wasserman
When founders bring investors into their company, they are not just adding money to the bank account. They are also inviting a new player to the table, one who may have their own ideas about where the company should be headed. Investors, especially those with a significant stake in the company, will likely want to have a say in how things are run. They may push for certain strategies or decisions that align with their own preferences or experiences. This influence can manifest in various ways. For example, investors may use their voting power to push for changes in leadership or strategy. They may also exert influence through more subtle means, such as offering advice or connections that steer the company in a particular direction. In some cases, founders may find themselves torn between following their own vision for the company and catering to the desires of their inves...
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