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Considering that you guys had the same funding formula (7k for 7%, give or take) in the funding dark ages of 2004-2005 as you have now when it's much easier to
by jbooth 14y ago
Considering that you guys had the same funding formula (7k for 7%, give or take) in the funding dark ages of 2004-2005 as you have now when it's much easier to raise money, I think everybody who takes a deal from you, as opposed to better terms from someone else, is there at least partially for the name.
- paul 14y agoCertainly the name has value, and smart founders will use that, but if that's all they are after, then they're missing the most valuable bits (and are therefore probably not very effective founders, and a bad investment).