
083. Greater Fool Theory
In a world of information asymmetry, your current investors have the most information. And if they’re not willing to step up, that is a very bad sign.
In a world of information asymmetry, your current investors have the most information. And if they’re not willing to step up, that is a very bad sign.
Seed investing is a team sport. The fewer team members you have around the table, the weaker position that you’re in and the less likely you’re going to get to the next level.
This week we’re covering that Dreaded Bridge Round – why it’s the hardest round to raise and how you can avoid it.
How do you generate your Aha Moment? With practice and iteration.
The best pitches create Aha Moments You’ll know when you’ve hit it because the tone of the meeting changes. It becomes a true dialogue,, the questions come from a place of curiosity, or it turns into a brainstorming session.
As the CEO of this business, you are going to be responsible ultimately for every aspect of it. Show that you know your numbers and it shows that you know your business.
Put the focus on what the business is and the vision for its future. Use the past and the pivot to support that story.
Men get funded on potential and women get funded on proof.
Giving up equity is like getting married. You have to be transparent with your partner in a relationship in order for it to be successful.
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