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Fearing nearshoring: common mistake made by venture capitalists and business angels investing in tech startups

“I would like to keep our collaboration stealth until we obtain investment from the next funding round” – said one of our partners when I asked him for permission to present the collaboratively built MVP in our portfolio. The designs are crispy, the code is clear, the app works smoothly despite increasing traffic so why not share the good news with the larger audience, I thought. In the end, however, in spite of our cooperation being successful and satisfactory, we had to keep it ourselves – all because of many angel investors making the mistake of looking down on tech startups leveraging nearshoring.

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