Our portfolio company CEO just told us they need an emergency bridge round and our fund doesn't have reserves for it, but if we don't lead, the company dies and we lose everything. The other VCs at our table are all pointing at each other and I can feel us about to have the conversation where everyone protects their own position and the company gets sacrificed.
More people experience this than they realize.
Multiple parties with different incentives must rapidly coordinate around a failing investment while each protects their individual interests.
“Where Are You with Financial Services — Venture Capital & Private Equity?”
Peri can explain why this happens, help you decide if this is the right situation for you, and point toward the right journey or coach.
If this sounds familiar, the Library can help you find the bigger picture.