Should we seal the deal over coffee?4 min read . Updated: 01 Sep 2021, 12:33 PM IST
- Striking a long-term friendship with investors can help entrepreneurs network, find clients and guidance in a trusting environment, but too much closeness can backfire
- With clients, it’s always a good idea to be friendly, but when it comes to investors, it can also work against you
It was a casual dinner conversation in early 2018 that led Hari Ganapathy to Kumar Vembu, a prospective investor. Within half a year, Vembu became the lead investor in Ganapathy’s Chennai-based startup Pickyourtrail, a travel planning platform, and was part a of $3 million funding round. The friendship didn’t stop there though.
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