3 ms·
>What do you do if you're one of those companies? There's plenty of business models that could be attractive acquisition targets (read: billions), but otherwise
by danieltillett 11y ago
>What do you do if you're one of those companies? There's plenty of business models that could be attractive acquisition targets (read: billions), but otherwise can't monetize to save their souls.
You need patient investors which are rather hard to find.
One suggestion I have seen is leave such businesses until you succeed once. If your first business is a success then you will have your own pockets to draw on and a track record that will allow other investors to trust you. Sometimes you just can’t get to the final destination in one hop.