If someone makes you an acceptable offer, take it
3 Arguments
0 Citations
2 Consequences
2 Mentions
Arguments
Argument #063d64de 1 0 2
If it is true that...
Startups should approach fundraising in phases 2 and later by taking the best of the options in front of them right now 1 0 2Then it must be true that...
If someone makes you an acceptable offer, take it 1 0 2Argument #6af259ef 1 0 2
If it is true that...
When you start fundraising, your initial valuation will be set by the deal you make with the first investor who commits 1 0 2Then it must be true that...
If someone makes you an acceptable offer, take it 1 0 2Argument #830de120 1 0 2
If it is true that...
As you start to feel you've raised enough, the threshold for acceptable will start to get higher 1 0 2Then it must be true that...
If someone makes you an acceptable offer, take it 1 0 2Opposing Arguments
No opposing arguments found
Citations
No citations found
Consequences
Argument #07984123 1 0 2
If it is true that...
Startups should approach fundraising in phases 2 and later by taking the best of the options in front of them right now 1 0 2and
If someone makes you an acceptable offer, take it 1 0 2and
If you have multiple incompatible offers, take the best one 1 0 2and
Don't reject an acceptable offer in the hope of getting a better one in the future 1 0 2Then it must be true that...
If you're raising money from many investors, roll them up as they say yes 1 0 2Mentions
Paul Graham/How to Raise Money
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Related Propositions
Build something people want 1 0 2Avoid long negotiated deals with big customers if you can 1 0 2Creating something that people want is important when making something for others 1 0 2Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2It's not a deal until the money is in the bank 1 0 2If you have multiple incompatible offers, take the best one 1 0 2Don't reject an acceptable offer in the hope of getting a better one in the future 1 0 2As you start to feel you've raised enough, the threshold for acceptable will start to get higher 1 0 2Avoid casual conversations with potential acquirers unless you want to sell your company right now 1 0 2Founders have a moral obligation to respond promptly to clean offers from investors 1 0 2