8 ms·
Summary: 1 - Seed money is given on promise 2 - How to get VCs to invest: Build something people want + talk to users + focus = 10% growth 3 - Be default ali
by micah63 10y ago
Summary:
1 - Seed money is given on promise
2 - How to get VCs to invest: Build something people want + talk to users + focus = 10% growth
3 - Be default alive, which means:
existing cash + revenue - consistent expenses gets you to breakeven
*How to shoot yourself in the foot: Overhire -> Default Dead -> Ugly Duckling -> No VC