Tuesday, January 31, 2012

Entrepreneurs, is your business investment ready? | Startups

Entrepreneurs, is your business investment ready? | Startups: "y take to raise cash at seed level.

Yet still, I meet businesses who massively over-egg their revenue projections, many are still at concept stage, most have no pivot plan and the valuations placed on the business by the founders are, at times, hugely over-exaggerated. It leads to many businesses simply not being ready for outside investment.

So as someone that has raised both venture capital (VC) and angel money, I’d say to first-time founders looking to raise money at seed/start-up stage:

Bootstrap it yourself"

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