Am I the only one who finds VC telling entrepreneurs "everything is going to crash soon, so you better close soon and on whatever terms you can get" disingenuous?
> I can’t emphasize strongly enough to entrepreneurs that if you’re in the process of looking for funding, seed money or an early round, hurry up and get your term sheets signed.
I can't emphasize enough that making statements like these also make negotiations very favorable for investors. Sounds like the investors are in a crunch, and not the entrepreneurial spirit.
I'd call it biased, and treat it with skepticism. Disingenuous seems too strong a word. If they really wanted to hide their agenda, they'd astroturf the idea.