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Matteo Turi's avatar

Investors do not buy busy founders.

Investors buy transferable value and the ability to react when plans need reassessment.

Chris Tottman's avatar

Wise words of advice as always 🌟 thanks for sharing

Sharyph's avatar

The founders who really break away treat short-term wins as the required proof points for the longer, more complex vision.

That's the real skill here.

Chris Tottman's avatar

💯 - I could not have said it clearer. Thanks for sharing Sharyph 🌟

Dr Sam Illingworth's avatar

Thanks, Chris, for another excellent post. From your experience, what do you think is the best way of fostering a culture of innovation? Often, this is something that most founders have developed over a number of years, but how can they ensure that they support this throughout their employees as well?

Chris Tottman's avatar

I believe in a 3 horizons model that I've adapted to startups. 70% resourced on executing the strategy, 20% resourcing adaptions to adjacent opportunities & 10% reverse engineering back from the grand vision for the market that you'll dominate. The resources for horizon 1 and 3 are typically very different (H3 being creative, risk takers, less grounded by rules and procedures) and therefore not that compatible in working together. On an entirely different note - most companies procedurally kill all the creativity and entrepreneurs out of the companyas they scale so I have some books and tricks to help stop this happening ie celebrate failure which is a by product of risk taking. I hope this helps

Taisiya Kudashkina's avatar

Fundraising conversations usually fall apart not because someone is wrong, but because short-term pressure starts driving long-term decisions. What I like here is the reminder that alignment is a system. When founders deliberately manage incentives, metrics, and communication across time horizons, investor relationships stop feeling adversarial.

Melanie Goodman's avatar

The pressure to deliver quarterly traction while building something durable and meaningful over 10 years can feel like walking a tightrope in a wind tunnel.

What you’ve nailed here is the need for intentional communication -without it, even great partnerships unravel. A Harvard Business Review study found that 65% of VC-backed startups fail due to founder–investor misalignment, not poor products or markets.

Chris Tottman's avatar

Yep. Founder fall out is huge 😬

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Dec 26
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Chris Tottman's avatar

I think that's right “milestones” that prove something.That proof changes the dialogue, the risk, the valuation, the fomo