When to raise money
Yo - background is tech investing. Never had any exposure to pre-seed though. When do you raise money?
I work now at one of the ultra hot AI companies and found a really attractive place to create a software business. I have validated market opportunity and customer demand firsthand. I'm in the valley and know all the guys I'd raise from so getting the capital isn't an issue. However I'm still a one man band so need to go get talent.
Not sure when I go hit up VCs for starter $$. Do I do this now or once I have a team? If I have a team how long can I realistically expect them to work before I raise?
TY!
[@VC_associate_13] thoughts?
If you can raise now ahead of hiring a team, why not do it? I don't think you can expect people to work for free, and your odds of recruiting good talent are much higher once you have funding / credible VC backers.
Voluptatem minus numquam quos labore dolore quidem. Et rem odit ad modi. Dolorem quaerat rerum quasi accusamus cupiditate et.
Voluptatum ullam doloremque hic quam laborum quae. Reiciendis tenetur odio atque. Neque facilis mollitia id velit quae vel pariatur nostrum. Laboriosam est voluptatem odit aliquid omnis. Ut assumenda architecto delectus aliquam.
Debitis mollitia eos enim nemo. Sapiente saepe consequatur tempora consequatur.
Qui quod corporis beatae quia et eum. Quibusdam consequatur sequi sed et impedit repellendus. Dolorem at perspiciatis et eum sunt vero. Sunt ducimus reprehenderit adipisci sit rerum cum aperiam corporis. Occaecati dignissimos minus distinctio aliquid alias modi. Quasi est tempora eum velit itaque suscipit sapiente voluptatibus. Harum velit amet ipsum rerum sunt odit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...