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Oh, it was far from an obvious win. At that stage, it was going to take a relentlessly resourceful team making a series of good decisions. Further, going to com
by pbreit 11y ago
Oh, it was far from an obvious win. At that stage, it was going to take a relentlessly resourceful team making a series of good decisions. Further, going to complete strangers for an initial $150k raise doesn't make a ton of sense. This is friends and family territory or you would need to get to know some (semi-)professional investors. I don't think there's a whole lot to be learned from that story except that it's not a great approach to seed raising.