Entrepreneurs rely on investors for funding, support and guidance. Naturally, this type of business relationship can bring out the best or the worst in different types of investors. Startup communities around the world depend on trusted, altruistic investors who are well-aligned with their founders — here are a few investor profiles you don’t want to be and a few you want to avoid if you’re an entrepreneur.
All too often, we’ve encountered angel investors who actually charge entrepreneurs to pitch them. And without enough angel investors to accommodate new startup communities, it’s no shock that they get away with this. Don’t be this person, and don’t work with this person.