Many entrepreneurs prefer to bootsrap their startup. But this is not always practical or possible for all startups. Some startups must bring in outside investors (for strategic and financial reasons).
Investors can provide great strategic value, but can also bring turmoil. Entrepreneurs who are not experienced dealing with outside investors can get easily distracted and unfocused trying to manage those relationships.
crowdSPRING raised its seed round from a small group of angel investors in 2007. We have a strong relationship with each of our investors and have learned numerous lessons along the way about dealing with investors. I share five of these lessons in the following video.