• Jeffrey Bussgang


November 22, 2022, Opinion: "After high-profile startup failures like FTX or Theranos, investors, employees, customers, and policymakers all ask what might have been done differently to ensure accountability and prevent mismanagement. But startup founders should join that list: It’s in their interest to accept transparency and accountability, especially with regard to their investors. This advice runs counter to some misguided ideas that have become popular within startups — namely, that it’s in a founder’s interest to accept as little oversight as possible. In fact, to maximize the growth and impact of a startup, founders should embrace the accountability that comes from raising outside financing. It will make their company stronger and more trusted."