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Russell Benaroya
Co-founder and Partner at Stride
9308 followers
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Hair on a deal matters when raising capital as Fred Wilson lays out well in this post ( https://lnkd.in/euw4Guy ). It could be cap table complexity, financial disarray, leadership team dysfunction, poor contract management, and the list goes on. Stride is supporting companies in getting a strong accounting foundation in place so that controllabe risk is mitigated for investors during diligence. No one single hair craters an opportunity but start multiplying them together and investors get skittish. Their opportunity cost is too high to wade through a mess, so they move on.
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