11–20 of 36 posts
Yeah, because so many of us can pick up the phone and have VC's go have coffee with us for no reason at all.
Starting off an article on fundraising with "Have a lot of rich friends" doesn't actually add credibility to the rest of the article.
> “When I plan to be raising in six months, I’m already out there, proactively connecting with VCs, having coffees, making as many of them aware of my company as possible,” says Ryan. “The conversation is safer when I’m not raising money.” Yeah, because so many of us can pick up the phone and have VC's go have coffee with us for no reason at all. Starting off an article on fundraising with "Have a lot of rich friends…
> “When I plan to be raising in six months, I’m already out there, proactively connecting with VCs, having coffees, making as many of them aware of my company as possible,” says Ryan. “The conversation is safer when I’m not raising money.” Yeah, because so many of us can pick up the phone and have VC's go have coffee with us for no reason at all. Starting off an article on fundraising with "Have a lot of rich friends…
I deeply hope to never raise money in my life.
Too many founders pour their life into a project and end up making less than their investors do from the sale of their own company.
That said, if you can raise a lot for very little equity in a short time, it can be worth it.
Not really a criticism, but this read a bit like a slimy dating guide. "Remember, like everyone else they want to feel wanted for more than their money". "Keep them all interested until you've made up your mind". "Subtly let them know that you're wanted by others". On an unrelated note: I don't know why I can never contribute constructively on this site, but here I am.
I deeply hope to never raise money in my life.
The wealthiest among all my investors (who are also self-made) never raised VC for their startups. All bootstrapped. Too many founders pour their life into a project and end up making less than their investors do from the sale of their own company. That said, if you can raise a lot for very little equity in a short time, it can be worth it.