Member-only story
“As you know, Brett presented to my partnership at ‘Donald Ventures’,” “Raul” said to myself and the other board members at our board meeting. “And the meeting went horribly.
“None of my partners believes we should continue supporting the company,” Raul said, then he twisted the knife. “So, we are pulling our support for the next round of funding. We think the company should be sold. However, maybe we’ll raise the flag and put in $1 million into the next round.”
And with that, my whole world changed.
Two weeks earlier, our funding was assured. Now, we were on life support.
At the end of the meeting, Gill, our other investor, motioned for Cathal, my friend and fellow board member, and me to stick around to talk. Gill waited for the other board members and Marcia, our lawyer and board secretary, to leave the meeting.
“I don’t think Raul wanted to say what he said,” Gill said. “He’s very careful with his words, and did you notice how was fumbling for words?”
“Yes,” Cathal said. “But what good does that do us?”
“Let’s wipe him out!” I said.
“Now’s not the time for that,” Gill said. “It’s important we understand what’s going on at Donald Ventures.”
