15
15 Kiffs.

How to raise money – it’s a journey not an event

How to raise money – it’s a journey not an event
GoldenLeon GoldenLeon 27 February, 2020
Every year I teach classrooms full of students who leave class understanding the basics of how to search for product/market fit—and thinking their next goal is to “get funded.” That’s a mistake. There are two reasons to raise money:You have a killer idea that is only partially validated, that you think can get to $50M+ of revenue in 5 years with 80%+ gross margins (if margins are lower, you need a lot more revenue)and you need money to get to product-market fit, orYou (think) you have product-market fi...
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