2 ms·
Yup! But it was too late to do anything about it. I was pitching like a money craze just to set up the company and get things going. I managed to get what the
by Yadi 12y ago
Yup!
But it was too late to do anything about it. I was pitching like a money craze just to set up the company and get things going. I managed to get what the startup needed and start rolling.
But Ow Boy! Getting investment from a politician that is from a 3rd world country can go south very quickly. We are talking about like really bad south.
I learned few things on the way:
1- Bad investment can very easily kill the company.
2- Living rough and patching things together can be a better investment than taking someone's money that you know will cause you horrible outcome.
Edit: red flags:
1- He/she have no clue how proper investment is done.
2- No trust or believe in the actual entrepreneurs. I don't care how much he/she offers, you've got to see it in their eyes that they are willing to do this and you as an entrepreneur is the one.
3- Don't take a politicians investment! Bad bad money.