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Warning: Scumbag Startup Mentors On The Loose!

I love start-ups and the journey of building businesses. So I’m extremely frustrated when I hear stories from budding entrepreneurs who got conned by “mentors” who take equity just for giving their advice. Yeah, those who don’t really create value and just talk and talk and talk…

I know, there are great mentors who actually do deserve the equity. But recently, I’m hearing cases that there are several unnamed scumbag start-up “mentors” who’re on the loose, sneakily taking equity from budding entrepreneurs who know nothing about valuation and the importance of keeping equity in business.