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That's a great point. I agree that it's dishonest if you're just changing the price to put pressure on investors. I do think that if you have an aggressive grow

That's a great point. I agree that it's dishonest if you're just changing the price to put pressure on investors. I do think that if you have an aggressive growth plan that requires 1.5m, but you can come up with a less aggressive plan where 750k is enough, then that lets you ask for 750k while hoping for 1.5m and keeping your integrity. I also agree fully that more traction/progress/revenue is very helpful to raising more money and raising it more quickly.

zbruhnke 13y ago
Aggressive vs non-aggressive growth plan definitely makes sense there, definitely a better way to define that. If there is a way you feel you can still significantly grow your business with a less aggressive plan then that's great, I think what happens too often is Entrepreneurs settle for what they "can get" and end up tanking a company that never had a chance from day one because there was not enough money in the bank to allow time for significant traction outside of a fluke event. We want to encourage a group of Entrepreneurs who are honest and upfront. In turn we'll hopefully get VC's that are that way as well ;)