Below the Line with James Beshara
It’s called toxic founder image. Founders want to appear as winners at all times, which prevents them from seeking for help because it could be viewed as a sign of weakness. Investors, on the other hand, eager to help founders who are struggling, also don't want to offer help because that would mean admitting that companies are not doing well. Meanwhile, everyone is comparing their performance to each other, creating a vicious cycle.