#5 is a big one. A lot of the people I talk to who are raising or have raised money say that you need one investor to take the first dip. No one really wants to be the first guy in. But once you capture that first, the rest fall like domino's and can't wait to join the party. If one reputable investor likes you it's often enough to say there's something here, I don't want to miss out.
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Nice article Phil. Keep up the good work!
#5 is a big one. A lot of the people I talk to who are raising or have raised money say that you need one investor to take the first dip. No one really wants to be the first guy in. But once you capture that first, the rest fall like domino's and can't wait to join the party. If one reputable investor likes you it's often enough to say there's something here, I don't want to miss out.