Entrepreneurs, is your business investment ready? | Startups: "each all of the proof of principles you set yourself at the start of the journey, begin to get on the path to generating meaningful revenue, get great people on board and guess what? You’ll find that you won’t need to go knocking down doors, investors will come to you.
And guess what else? The value of your business and your negotiating power just sky-rocketed.
Knowing what to raise
When you are ready, don’t raise a ton of cash you don’t need.
Show investors you understand your business and marketplace. Have a plan that may see you raise more money in 12-18 months. This way, when you raise money in future, it will be at a higher valuation. Being able to raise £2m when you only need £500k to deliver your plan "
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Tuesday, January 31, 2012
Entrepreneurs, is your business investment ready? | Startups
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