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Showing posts from June, 2014

4 Type of Business Partner You Should Be Careful About

In my course of “Entrepreneurship through the lens of Venture Capital” by Stanford University, I was listening to  by Mr. Howard Hartenbaum, Partner, August Capital on “Funding Your Startup” and on one of the question on whom do they fund or not fund, he answered that he try not to fund a business run by couple(man-wife, live-in partners etc.). Reason he gave for doing so was the uncertainty in personal relationship may adversely affect the business relationship. I automatically connected to this assumption when I heard the Preity Zinta-Ness Wadia conflict story and Preity Zinta had to come out saying that she will not sell her stake in their joint business venture “Kings XI Punjab” IPL team.  During last six years when I started harboring the dream of quitting my job and becoming an entrepreneur and last four year, since actually quit the job and became one, I have met various people, I have seen various people becoming business partners and ending up sooner than later with...