
122. You Can’t Convince Investors They’re Wrong
You can’t convince investors they’re wrong. That statement could be the whole episode followed by one minute of silence for reflection đŸ§˜
You can’t convince investors they’re wrong. That statement could be the whole episode followed by one minute of silence for reflection đŸ§˜
Founders are eternal optimists. It’s a benefit to your company for you to think that the company is always going to prevail in the end. At the same time, founders need to be grounded when it comes to economics.
Let’s reframe this: investors don’t pass on YOU; they pass on opportunity right now for a specific set of reasons. Some of which you know, some of which you don’t know.
Fresh off a Series A fundraise, Rachel McCrickard offers her fundraising guidance—and it’s excellent.
Money is a tool, and you should use it as an accelerant for an opportunity that you’ve identified.
A mistake in fundraising is being ambiguous when it shouldn’t be ambiguous; it should be truly a process.
This simple format for updating investors is all you need. The 3 P’s: Plans, Progress, Problems.
Josh shares the quintessential example of “ask for money, get advice; ask for advice, get money.
Josh Sanchez, CEO of FloatMe, has raised over $50M in equity, venture debt, and credit. His message to first-time founders: accountability.
Why is the differentiation between pre-revenue and any revenue at all so important? The answer is from a classic startup post.
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