Peter
Venture capitalist Mark Suster speaks candidly about his startup failures and the reasons why things went wrong.
It’s only 12 minutes long.
Mark is worth listening to because he is in the minority amongst venture capitalists from having actual entrepreneurial experience.
Hence the name for his blog: Both Sides of the Table
Who Does the Broker Represent in a Sale?
A common mistake that buyers make is to assume that a business broker either represents their interests or is neutral at the very least.The truth is that if you contact a broker about one of his listings, he represents the best interests of the seller. Indeed he is legally obligated to do so.Keep this in mind when dealing with brokers and keep your cards close to your chest. Anything you reveal about your weaknesses as a buyer will be used to screen you out as a serious candidate.
