4 ms·
pg: “The way of the future is no fixed amount, no fixed closing date, and no lead.” This concept is unfamiliar to me? What does it mean? What compromises a "r
by kaib 16y ago
pg: “The way of the future is no fixed amount, no fixed closing date, and no lead.”
This concept is unfamiliar to me? What does it mean? What compromises a "rolling" financing deal?
- alain94040 16y agoWhich is exactly what I advocated for in "How my startup went IPO and skipped VC funding" http://blog.fairsoftware.net/2010/06/23/how-my-startup-went-ipo-and-skipped-vc-funding-a-story/ http://blog.fairsoftware.net/2010/06/23/how-my-startup-went-... A rolling deal is when angels keep showing up over time and send you more money, rather than you setting a fixed date saying "on August 1st, I need 10 angels with $100,000 each, or my company is bankrupt".
- deleted 16y ago[deleted]