VCs need to adopt some of that 'radical transparency' startups love

The idea of ‘radical transparency’ is taking off in many startups. It’s an approach where companies share details of their operations clearly and openly, both internally and externally. The companies that do embrace transparency claim that it fosters a greater sense of trust, helps keep them accountable and even has a direct positive impact on revenues. For healthtech startup Alan, that means publishing its letters to shareholders online; for social media engagement platform Buffer, it means publicly sharing details of every team member’s salary.

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VCs need to adopt some of that 'radical transparency' startups love

Founders will soon start to wonder what investors who don’t share data on their firm and portfolio have to hide.

Up Round newsletter

VCs need to adopt some of that 'radical transparency' startups loveself.__wrap_b(":R1actq6:",0.7)

Founders will soon start to wonder what investors who don’t share data on their firm and portfolio have to hide.self.__wrap_b(":R1qctq6:",1)

Up Round newsletter

VCs need to adopt some of that 'radical transparency' startups love

Founders will soon start to wonder what investors who don’t share data on their firm and portfolio have to hide.