It's not a deal until the money is in the bank

Negation: It's a deal even if the money is not in the bank 0 0 0

2 Arguments

0 Citations

0 Consequences

2 Mentions

Arguments

Argument #463bfa58 1 0 2

If it is true that...

Before talking to investors, startups need to be introduced to them 1 0 2

and

Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2

and

Always know where you stand with an investor by looking at their actions rather than their words 1 0 2

Then it must be true that...

It's not a deal until the money is in the bank 1 0 2

Argument #56ac475e 1 0 2

If it is true that...

Always know where you stand with an investor by looking at their actions rather than their words 1 0 2

Then it must be true that...

It's not a deal until the money is in the bank 1 0 2

Opposing Arguments

No opposing arguments found

Citations

No citations found

Consequences

No arguments found

Mentions

Paul Graham/How to Raise Money

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Updated

Related Propositions

It's not your money 1 0 2 The value of a company is not determined rationally but is essentially a bet on its future success 1 0 2 Face to face contact makes deals happen and it hasn't yet been duplicated by technology 1 0 2 Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2 Always know where you stand with an investor by looking at their actions rather than their words 1 0 2 The real test of a startup's success is revenue, not fundraising 1 0 2 Don't reject an acceptable offer in the hope of getting a better one in the future 1 0 2 If you're raising money from many investors, roll them up as they say yes 1 0 2 Significant growth between two investor meetings makes investors eager to close, while flat or decreasing numbers can cause investors to get cold feet 1 0 2 You are what you do, not what you say you'll do 0 0 1