Time and again, I have to remind my founder friends that building on VC money is different from building bootstrap way. Raising from others, you are accountable and have to progress at a certain pace. The progress of company investor’s incentives are hard aligned.
The expectations of the founder and investor need to be aligned. I think this education needs to be imparted by friends and early angel investors to entrepreneurs. The VC money is on a tight schedule to deliver.
As a founder, you need to run like a racehorse and build a team of lieutenants who will go all cylinders firing from the start. You are on a clock set by investors. Your investors are on the clock to deliver the returns to their LPs or close the current fund vehicle completely.
Karthik wrote long back about same long back