{"id":251,"date":"2018-02-15T16:22:29","date_gmt":"2018-02-15T16:22:29","guid":{"rendered":"https:\/\/www.ashwinl.com\/ideas\/the-tension-between-governance-and-deal-flow\/"},"modified":"2018-02-15T16:22:29","modified_gmt":"2018-02-15T16:22:29","slug":"the-tension-between-governance-and-deal-flow","status":"publish","type":"post","link":"https:\/\/www.ashwinl.com\/ideas\/the-tension-between-governance-and-deal-flow\/","title":{"rendered":"The Tension Between Governance and Deal Flow \u2013 Haystack.vc"},"content":{"rendered":"<p><a href='http:\/\/blog.semilshah.com\/2015\/12\/15\/the-tension-between-governance-and-deal-flow\/'>The Tension Between Governance and Deal Flow \u2013 Haystack.vc<\/a><\/p>\n<div class=\"link_description\">\n<p>The last few years have put a strain on this equation. In an era of greater transparency and social graphs, VCs are often \u201creferenced\u201d by their earlier founders when looking at a new deal or getting new deal flow. In an era of cheap money with many different sources of capital, there is more competitive pressure on a traditional VC to make sure his\/her deal flow and references are glowing, or risk the reputational damage from being associated with a disgruntled customer. The result has been, in my general observation, an environment in which being \u201cfounder-friendly\u201d is of such vital reputational interest to the VC that it can oftentimes trump their fiduciary responsibilities. Further fueling the friendly vibe is the cheerleading and promotion required to score a \u201cmarkup\u201d for a portfolio company to improve one\u2019s own stats as a VC.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Tension Between Governance and Deal Flow \u2013 Haystack.vc The last few years have put a strain on this equation. In an era of greater transparency and social graphs, VCs are often \u201creferenced\u201d by their earlier founders when looking at a new deal or getting new deal flow. In an era of cheap money with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"link","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-251","post","type-post","status-publish","format-link","hentry","category-uncategorized","post_format-post-format-link"],"_links":{"self":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts\/251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/comments?post=251"}],"version-history":[{"count":0,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/posts\/251\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/media?parent=251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/categories?post=251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ashwinl.com\/ideas\/wp-json\/wp\/v2\/tags?post=251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}