Anna Vital over at Funders and Founders has a post last week reminding us of the great essay from Paul Graham in 2009 explaning how investors think (also, great infographic Anna!). Venture investing has changed since then but some things never change. Anna reminds us the Graham argued that you need to understand how VCs think and what they worry about it and don't forget that VCs get a board seat! Understanding these basics will help navigate the sometimes awkward discussion regarding valuation! Read the post here: http://tinyurl.com/lhk233c
