Why do you advise founders to avoid Benchmark Capital and activist investor coups?

Travis Kalanick
Replied byTravis Kalanick

Founder & CEO at Atoms

Niche: Technology
Revenue: Not Publicly Disclosed/month
Location: Los Angeles, California, United States
Started: 2018

Active investors can be catastrophic and run war rooms to remove founders if they feel their liquidity timeline is threatened. I advise founders to focus on investors who commit to doing no harm. A good operator is a chess grandmaster playing eighty hours a week, whereas VCs are often chess enthusiasts checking in once a quarter.

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