Boasting that your journey as an entrepreneur has been a breeze may seem like it’s a competitive advantage, but it’s actually a turnoff for Raj Ganguly, co-founder and partner of B Capital. The firm has offices in Los Angeles, San Francisco and Singapore and was co-founded by Facebook co-founder Eduardo Saverin.
“One of the biggest mistakes is entrepreneurs who come into our offices and tell us how great their company is, how everything is working phenomenally well,” Ganguly said.
“At our firm, we’ve all built companies before. We know how tough it is,” he added.
For Ganguly, your challenges actually can be an asset. “We want to be partners with entrepreneurs who’ve learned along the way, who’ve had challenges.”