Investors at the seed stage do not usually expect an elaborate business plan
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3 Consequences
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Argument #38c4d11a 1 0 2
If it is true that...
Startups often require funding from investors 1 0 2and
Self-funding a startup requires starting as a consulting company, which can be difficult to transition from 1 0 2and
Raising seed capital is comparatively easy due to the small amounts of money involved 1 0 2and
Investors at the seed stage do not usually expect an elaborate business plan 1 0 2and
Startups should spend their investment money wisely, as running out of money is a common cause of failure 1 0 2Then it must be true that...
Spending money slowly encourages a culture of cheapness 1 0 2Argument #732de197 1 0 2
If it is true that...
Raising seed capital is comparatively easy due to the small amounts of money involved 1 0 2and
Investors at the seed stage do not usually expect an elaborate business plan 1 0 2Then it must be true that...
Investors are more interested in the people behind a startup than the ideas themselves 1 0 2Argument #abc182d3 1 0 2
If it is true that...
Startups often require funding from investors 1 0 2and
Raising seed capital is comparatively easy due to the small amounts of money involved 1 0 2and
Investors at the seed stage do not usually expect an elaborate business plan 1 0 2and
Investors provide funding in the hope of generating revenues 1 0 2Then it must be true that...
Startups should spend their investment money wisely, as running out of money is a common cause of failure 1 0 2Mentions
Paul Graham/How to Start a Startup
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Related Propositions
Startups often require funding from investors 1 0 2Raising seed capital is comparatively easy due to the small amounts of money involved 1 0 2Investors can't wait around if a startup is growing fast 1 0 2Before talking to investors, startups need to be introduced to them 1 0 2The amount a startup should raise depends on the startup's needs, not on the amount investors are willing to invest 1 0 2Different fundraising plans match different investors 1 0 1Underestimating the amount you hope to raise sends useful signals to investors 1 0 2Your goal should be to get the best investors as partners 1 0 2Significant growth between two investor meetings makes investors eager to close, while flat or decreasing numbers can cause investors to get cold feet 1 0 2Some investors may lack numeracy skills or believe they cannot predict startup outcomes 1 0 2