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Still, once a startup finds a repeatable, scalable customer acquisition process, it's hard to see much need for angel investors. I disagree. What's more, I th
by michael_dorfman 16y ago
Still, once a startup finds a repeatable, scalable customer acquisition process, it's hard to see much need for angel investors.
I disagree. What's more, I think you do, too. You said as much a sentence earlier: Even with income and more and more customers signing up, you may still need money to expand at the rate you want.
If you've got a repeatable, scalable customer acquisition strategy, more money in means more customers (and profit) out. In other words, you've built the money machine-- now you use angel money to get it running full speed.