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Establishing Trust as a VC

This is going to be BIG.

Why are they doing due diligence all over again--every month?? Of course, as investors, we know why we do these things--but do we ever take the time to explain it to our founders? Why do you bother being an active investor when you could just write the check and coast? I mean, didn't they say yes to your pitch?

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Author Lawrence McDonald Chats With "Motley Fool Money"

The Motley Fool

In other words, there's not a lot of homework and there's not a lot of due diligence, there's not a lot of questions being asked of senior management and that's one of the points in the book. I think it's really important for our watchers and readers and listeners right now. Lawrence McDonald: Yes.

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