How Do You Answer Investor Trick Questions?
<p>I’ll never forget it. The second I answered the investor’s question, I wanted to take my answer back. I had stepped right into his trap costing my company millions of dollars in funding, and the worst part was I knew better, and I still screwed up.</p>
<p><img alt="" src="https://miro.medium.com/v2/resize:fit:700/1*7Ttx9XsKVwTJlclTJS4kkQ.jpeg" style="height:700px; width:700px" /></p>
<p>picture: depositphotos</p>
<p>I already started my meetings with the partners of one of my two investors, The notorious “Donald Ventures” was already going poorly when Samir asked me this question, which is our first trick question number one:</p>
<h1><strong>A.</strong> <strong>What is your exit strategy?</strong></h1>
<p>I’d seen this question asked a million times before to start up CEOs and I knew the right answer. However, instead of giving Samir the right answer, I fell right into his trap by saying, “I think with the diversified customer base we have that an IPO is possible.”</p>
<p><a href="https://brett-j-fox.medium.com/how-do-you-answer-investor-trick-questions-eaade629e68a"><strong>Learn More</strong></a></p>