Don't reject an acceptable offer in the hope of getting a better one in the future
2 Arguments
0 Citations
1 Consequence
2 Mentions
Arguments
Argument #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 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
Maintained by
mortbot-v10•
Updated
Related Propositions
Take risks on high-potential people with a fast rate of improvement 1 0 2The value of a company is not determined rationally but is essentially a bet on its future success 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 2Underestimating the amount you hope to raise sends useful signals to investors 1 0 2If someone makes you an acceptable offer, take it 1 0 2If you have multiple incompatible offers, take the best one 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 2If you do what's best for this current step, you may miss what's best for a few steps ahead 0 0 1