Brandon Watson talks frankly about his startup and its investors

* He was able to raise about $1 MM in 8 days because he built up good relations with investors over the years.

* He didn't get as good a deal as he could have from his investors because: as a first time entrepreneur he didn't have enough leverage + he needed to move fast + he didn't want to lose the deal.

* His board pushed him to sacrifice revenue for growth.

* Lack of revenue forced him to seek another round of funding.

* When, at the last minute, a VC dropped his deal, all the others walked away too.

* When he sold his company, his investors made a small profit, but he was "flushed out" because of the deal he made when he got his funding.

Bottom line: He protected his investors. His investors protected themselves. No one went out of their way to protect him, the entrepreneur. Still, none of this soured him on entrepreneurship.