How Do You Answer Investor Trick Questions?

<p>I&rsquo;ll never forget it. The second I answered the investor&rsquo;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 &ldquo;Donald Ventures&rdquo; was already going poorly when Samir asked me this question, which is our first trick question number one:</p> <h1><strong>A.</strong>&nbsp;<strong>What is your exit strategy?</strong></h1> <p>I&rsquo;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, &ldquo;I think with the diversified customer base we have that an IPO is possible.&rdquo;</p> <p><a href="https://brett-j-fox.medium.com/how-do-you-answer-investor-trick-questions-eaade629e68a"><strong>Learn More</strong></a></p>
Tags: Investor