Most VCs won't give harsh feedback - here's why that's broken
“And I actually think that one of the most important reasons to build, like, a high trust relationship between the founder and the board member is so that is, like, a safe place to to get that.”
It's way harder to be direct and harsh with founders than it is to just be a friendly cheerleader. And there's very few incentives to do it. And so the result is that most people won't share hard feedback. And I actually think that one of the most important reasons to build, like, a high trust relationship between the founder and the board member is so that is, like, a safe place to to get that.
About this clip
Jack Altman argues that VCs avoid giving direct, harsh feedback to founders because it's easier to be a cheerleader and there are few incentives for brutal honesty. He emphasizes that building high-trust relationships between founders and board members is crucial to creating a safe space for difficult but necessary feedback.
Why this clip
Altman challenges the common VC behavior of being overly positive, advocating for a more direct approach that most investors avoid.
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