Lots of VCs talk about being founder friendly. I’ve noticed that founders often misunderstand how that actually works. What “founder friendly” does and doesn’t mean is important to understand.

很多风险投资人都在说“要对创始人友好”。我注意到创始人们经常误解这话。“对创始人友好”真正意味着做什么和不做什么，清楚理解很重要。

Founder friendly doesn’t mean:

对创始人友好不代表：

Parties 聚会聚餐

Gifts 送礼物

Saying “yes” to every request 对你有求必应

Running your business for you 替你运营公司业务

Rolling over on every term in negotiations 迁就每次谈判

Giving you a high valuation 给你的公司很高的估值

Fixing your mistakes for you 为你犯的错误“擦屁股”

Being nice all of the time 总是很友好

Founder friendly does mean:

对创始人友好意味着：

Honest 诚实

Transparent 透明

Responsive 有责任心

Acting in the best interests of the:

争取使以下机构或个人的利益最大化：

Company 公司

Shareholders 股东

Employees 员工

Founders 创始人

Ultimately, even the best VCs can only be founder friendly up to a point. There are situations in which founders start to do things that harm the company. Investors should stop that from happening however they can. Sometimes, that means firing the founders. That’s a tough situation, but is sometimes necessary and not indicative of badness.

最终来说，就算是最好的风险投资人也只能在一定限度里对创始人友好。因为有时创始人要做的一些事情会损害公司。在这种情况下，投资者必须尽全力阻止这类事情发生。有时，这甚至意味着要开除创始人。这种情况会很艰难，j2直播，但这有时是必要的且不会有任何坏处。

VCs are contractually bound to be LP friendly first – meaning they have to produce returns. That’s often what drives the push for different valuations, various types of control, and a host of other behaviors. In any of these situations, it’s not the outcome that drives “friendliness,” it’s how honestly, consistently, and ethically the investor acts.

风险投资者首先是协议下的普通合伙人——这就是说他们必须要求价值回报。这就是不同的估值、不同风格的管理以及一系列其他行为产生的原因。在任何情形下，都不是因为要得到回报结果而对创始人友好，而是投资者的诚实、坚持及道德等方面的“友好”。

Notes: 注意：

There are, however, good and bad ways to do this. Surprising a founder with a board coup is generally bad form. Warning the founder ahead of time and taking clear action with explicit reasons is better.

同时在做到这些时，也要注意方式。例如，突然之间告诉创始人董事会变化并不是一个好方式。但在此之前提醒创始人，并采取明确的行动和给出清楚的理由则是一种更好的方式。