If you have multiple incompatible offers, take the best one
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3 Consequences
2 Mentions
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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 2Argument #092655e2 1 0 2
If it is true that...
If someone makes you an acceptable offer, take it 1 0 2and
If you have multiple incompatible offers, take the best one 1 0 2Then it must be true that...
Don't reject an acceptable offer in the hope of getting a better one in the future 1 0 2Argument #7c5db0cd 1 0 2
If it is true that...
If you have multiple incompatible offers, take the best one 1 0 2Then it must be true that...
Don't reject an acceptable offer in the hope of getting a better one in the future 1 0 2Mentions
Paul Graham/How to Raise Money
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Related Propositions
Each type of schedule works fine by itself but problems arise when they meet 1 0 2Competition can be an effective motivator but it shouldn't dictate your choices 1 0 2A startup makes money by offering people better technology than they currently have 1 0 2Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2If someone makes you an acceptable offer, take it 1 0 2Don't reject an acceptable offer in the hope of getting a better one in the future 1 0 2If you have multiple founders, pick one to handle fundraising so the other(s) can keep working on the company 1 0 2Founders have a moral obligation to respond promptly to clean offers from investors 1 0 2The nirvana fallacy can be avoided by comparing realistic alternatives 1 0 2If you do what's best for this current step, you may miss what's best for a few steps ahead 0 0 1