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On the other hand, investors are unlike employees in that they can be ignored if they're not a good fit/not adding value/worse yet, detracting value. Except if they're on your board.

I guess all I'm trying to say is that it would be cool if there was a way for investors/entrepreneurs to try each other out first.



Except if they're on your board.

Pretty sure the Author is a "VC" in the sense that he is investing early with a BOD seat in his primary investments. That seems relevant--ie, its not special case--its the base case. Other classes of investor--eg late stage mezanine--is also often priced more competitevly on price alone. And angels are typically not investing quite at the stage where BOD governance is coming into play (pre series A).




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