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As i am reading into this whole "raising money" topic recently, this is what i came across in Venture Hacks. My understanding is, shop around, but, don't say i
by hwijaya 17y ago
As i am reading into this whole "raising money" topic recently, this is what i came across in Venture Hacks.
My understanding is, shop around, but, don't say it as "shop around". Use other languages or excuses.
http://venturehacks.com/articles/shop-around http://venturehacks.com/articles/shop-around
This is the summary:
Summary: A deal is only as good as its best alternative. Keep improving your alternatives until you have a signed term sheet. And keep developing your current offers or they will die. Finally, don’t say "shopping around", it puts investors off their stroke.