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.
A company you backed is about to die, and everyone at the table is protecting themselves instead of saving it.
“Where Are You with Financial Services — Venture Capital & Private Equity?”
If this sounds familiar, the Library can help you find the bigger picture.