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As a corporate lawyer in private practice and in-house roles specialising in cross-border commercial and financial transactions, Maha has a solid reputationleading complex international corporate and commercial deals across multiple jurisdictions. David : If I’m the train, then Maha is the engine.
EcoMom’s metrics improved throughout this process and that’s when I decided to invest. I ask Naval about the importance of a leadinvestor. My opinion is that it’s very important to raise money from someone who is helpful and reputable and is willing to bring in the same types of investors.
2) Is your reputation in the market such that great people will want to work with you? We want to be able to comfortably lead these rounds and speak for 1/3 – 1/2 of the capital or more. Our new fund size allows us to do that and continue to play the part of the leadinvestor. This leads to the second factor.
The key problem with existing technologies was adverse selection, specifically concerning the incentives of participants and the reputation systems: In the yellow pages, people wanted to be found but the way they represented themselves had nothing to do with how good they were. Steer into your investors’ objections. It has reputation.
All stakeholders, not just short term investors. People, not just metrics. Eric Ries : An indelible part of your reputation and this is laying the foundation for whatever the future of this company is going to be. A lot of people are literally doing if for their brand reputation but they didn't. Broadly shared prosperity.
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