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Investors like to invest in whatever it will take you to get to break even, or profitability. If there is a risk someone will leave over money, or something el
by jdavid 19y ago
Investors like to invest in whatever it will take you to get to break even, or profitability.
If there is a risk someone will leave over money, or something else, they want to make sure it is covered.
Raising money takes months worth of work and can distract you from your product. Investors want you to do this once, and not every 6 months.
From my understanding even if a professional investor only gives you enough for 6 months, they are expecting to put more in if you are making progress when that 6 month mark comes around. in theory each successive round should get cheaper for the entrepreneur to take investment.