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The first two (product & ambition) make sense, but leverage is a different story. While a low burn rate helps, a VC firm has more staying power over time than
by dpapathanasiou 16y ago
The first two (product & ambition) make sense, but leverage is a different story.
While a low burn rate helps, a VC firm has more staying power over time than a startup.
- amirmc 16y agoGeneral advice I've heard is that you should be out looking for money well before you need it. Sometimes several months before.
- tptacek 16y agoIt's going to take many months to go from zero to funded. Deals exist to fall through.
- tptacek 16y agoGet profitable. You can do this before taking money.