I was recently speaking with the founder of a very successful tech company. We were talking about the company’s largest investor, which also has a strong brand, when the founder shared that he’s very happy with the investor.
Hoping to learn some of the contributions which a reputable investor makes to their companies, I asked what the investor does that makes the founder so happy. The founder’s answer was that the investor doesn’t do anything. And as a result of not doing anything, they don’t interfere with the business.
Some great founders just want, and only need, an investor’s capital without their interference.
And some great investors don’t add much value. They just make the right investment decisions and don’t subtract value.