Founder vs. Investor with Liz Zalman and Jerry Neumann

What this episode covers

Oxide founders Bryan Cantrill and Steve Tuck join investor Seth Winterroth and authors Liz Zalman and Jerry Neumann to discuss the dynamics of the founder-investor relationship, drawing on insights from their book *Founder vs. Investor*. The group shares personal anecdotes about bad actors in venture capital, such as term sheets being pulled at the last minute, and contrasts this with the supportive behavior of good investors like Eclipse. They offer specific advice on fundraising, including the importance of reference checking, negotiating term sheet expiration clauses, and managing board dynamics to ensure alignment and protect the company's long-term vision.