Another huge red flag is founders who won’t start working until they are funded. Or founders who won’t do certain jobs, like making a sales call. Or ones who want to have balance in their lives. The founders who want to go to Coachella, TED, TEDx, or to other conferences before their company is profitable are not the ones you want to invest in. When I see founders wasting time at events that will not directly result in landing investors, clients, or team members, I cringe. And I take my chip stack elsewhere.
