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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Courtesy Bias
Description: Courtesy Bias Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Courtesy bias is a cognitive bias defined by Wikipedia as the tendency to give an opinion that is more socially correct than one's true opinion, so as to avoid offending anyone. Courtesy bias arises when an investor tells the startup what they think the startup wants to hear rather than what the investor actually thinks. The investor spares the feelings of the startup but in the process withholds feedback the startup needs to hear. Feedback should be candid a...