Its important to be able to manage your relationship with your investors. When you get funded, the fact of life is – they’re your bosses. But there should be a line drawn defining who takes care of what. It is good to keep your investors informed and in the loop. Ignoring them will not get you to goo places. But simultaneously – you cannot let them run your company. If they could, they should have started one of their own.
Be smart at keep the business building to yourself, and keeping the investors happy in their own way. Your focus should be your product. Do not waste time disputing the little nothings with the investors. These problems are directly proportionate to the amount your raise. Like mentioned in the #13 – the more money you raise, the more accountable you are.