Content
@
1 reply
0 recast
2 reactions
Iggy
@iggy
A. Small raise (<$1m), lean 1-3 person team. Focus on revenue & fundamentals from day 0, no sexy stuff. Do services if it helps bring revenue & learnings B. Big raise (>$7m), sell the story. Use raise hype to hire top people (10-20). Use money to build differentiated tech & gain mkt share fast Which do you chose?
2 replies
0 recast
3 reactions
Alokik Bhasin
@alokik
IMO both are valid approaches - depends on the funding requirement of the business + type of investors + founders preference A can leads to great businesses that may not be very big. B could lead to big home runs but with lower prob of success. Both need to solve real problems + focus + have (path to) fundamentals!
0 reply
0 recast
1 reaction
