On his life’s motto.
"Be honest and treat everyone with respect."
This is especially relevant to my role as an investor at First Round, where I feel that I owe a founder two things: my unvarnished opinions and my unwavering support.
To me, a good founder-investor relationship is built on honest feedback, with the shared understanding that at the end of the day, it’s the founder’s company, and they know best.
As an investor, I have an obligation to tell a founder what I think and why. Especially when it’s not what they were hoping to hear.
But, I do this knowing I am bound by the decisions that the CEO makes. Once they commit to a direction, even if I disagree, I’ll work as hard as I can to bring out their best along the strategic path the management team has chosen.
I’ll do everything I can to help them win, leveraging the resources of my partners and the First Round platform, my network, and our entire community.