Before talking to investors, startups need to be introduced to them
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Argument #463bfa58 1 0 2
If it is true that...
Before talking to investors, startups need to be introduced to them 1 0 2and
Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2and
Always know where you stand with an investor by looking at their actions rather than their words 1 0 2Then it must be true that...
It's not a deal until the money is in the bank 1 0 2Mentions
Paul Graham/How to Raise Money
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Related Propositions
Startups often require funding from investors 1 0 2Startups should approach venture capital firms before they run out of money 1 0 2Investors are more interested in the people behind a startup than the ideas themselves 1 0 2Finding investors is hard for startups 1 0 1Investors can't wait around if a startup is growing fast 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 2Introducing an investor to your cofounders should only occur when things reach a certain stage of seriousness 1 0 2Good investors don't lead startups on; their reputations are too valuable 1 0 2Some founders deliberately schedule a handful of lame investors first, to get the bugs out of their pitch 1 0 2An investor who's seriously interested will already be working to help you even before they've committed 1 0 2