In his weekly column, Maynard Webb advises a founder to avoid conflicts of interest.
Q. While we were pitching a new feature to a big client, he asked us if he could invest in our startup. He’s one of the key decision-makers in his company and has power over this implementation. I told him we are not raising now, and we should discuss at a later date, but I’m conflicted about what to do. If we let him invest, he’ll be more incentivized to adopt our solution and make us successful, but I also see a potential conflict of interest.
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