3 ms·
Investors want to 10x+ their money, so they’ll be very hesitant to put money into a company that is run by someone who sold much of the company for so little. I
by gnicholas 3y ago
Investors want to 10x+ their money, so they’ll be very hesitant to put money into a company that is run by someone who sold much of the company for so little. It shows you either need cash or you don’t think your company is worth that much. Either way, it signals to them that you’ll likely sell out in the future before they get their 10x+.