In my experience, I can tell, fund-raising for startups is done by two types

in #entrepreneurs8 years ago

In my experience, I can tell, fund-raising for startups is done by two types:

(1) time-sensitive entrepreneurs and
(2) value-sensitive entrepreneurs.

We have seen those who focus on a time limit, go all out, raise money, build the product, lead the market are WAY MORE successful than those who sit on a termsheet to negotiate valuations, fret about the investors cap, ticket-size floor, tranches, yada yada. As long as you're not doing a down-round and the investor does not have any harsh terms such as anti-dilution, drag clause etc, you just want to raise the money and start impacting the market before aStartup-Funding.jpgnyone else does. Cut the noise, take the money, own the market. Anything else is not worth your time.

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Yes, it sounds about right. You need to be able to make decisions quickly in order to succeed.