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Most funded startups don't end in a strong company, but all (by definition) are successful at persuading someone to write a check. The rational thing to do if y
by idlewords 6y ago
Most funded startups don't end in a strong company, but all (by definition) are successful at persuading someone to write a check. The rational thing to do if you want the investment is to optimize for the storytelling, which is a factor of 10x or more more effective than the notional business.
- bergstromm466 6y ago> optimize for the storytelling What has been your experience using this strategy? Is there anything in particular that makes you say that?
- barry-cotter 6y agoThis is only true of getting the investment is your terminal goal. If it’s just a proximate goal on the way to actually building a successful company, getting stinking rich or many other things that’s not true. If the investment is an end you’re right. If it’s a means to an end...