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In reality, it turns out that our social world consists of two quite distinct sets of people, namely friends and family – or, as the old expression has it, kith* and kin.
Are you able to extract those explosives from the minefield? Do you have the mental strength and agility? Are you aware of the distractions, insecurities, and false beliefs planted in your mind?
DO manage expectations transparently: will this lead to a more formalized role in the fund? What kind of decisions will the venture partner be allowed to take? What kind of budget can they work with? To what degree can they speak on behalf of the fund?
How to Hire a Venture Partner and How Much to Pay?
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