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As a founder who has raised both angel and institutional $$, these articles can have the same effect on me. For nearly everyone, raising money is hard, especial
by subdane 11y ago
As a founder who has raised both angel and institutional $$, these articles can have the same effect on me. For nearly everyone, raising money is hard, especially in the beginning. Uber had trouble closing its first money. There's a lot of luck, hard work and network involved in getting $$ in. The first money is less about idea and more about reputation and hustle.
- rdli 11y ago+1 (as a founder, too). The obvious things: traction, good business plan, viable market, reputation/track record, team, etc. help. But luck and hustle are required, too.