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Interesting anecdote, but completely mistitled. After reading the article, I didn't feel like I learned any secret to raising venture and angel capital, I jus
by jkush 19y ago
Interesting anecdote, but completely mistitled.
After reading the article, I didn't feel like I learned any secret to raising venture and angel capital, I just learned a trick for managing it once it's been obtained.
- pearcec 19y ago> "The Greatest Secret to Raising Venture & Angel Capital" I think what you were meant to take away is that investment capital is easier to get once you proved you can generate cashflow upfront. You don't really have to prove you will have a product that produces cashflow, you are already doing it. And investment capitalist believe in the market. So I think it is aptly named, if you think you need to go through the typical steps to getting money you can ignore that if you just start making money. So why then do you need money? To grow the business faster then the market would otherwise allow.