Your goal should not be to get the best investors as partners
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Argument #29ebb7e8 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...
Your goal should be to get the best investors as partners 1 0 2Citations
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Related Propositions
Investors at the seed stage do not usually expect an elaborate business plan 1 0 2Investors are more interested in the people behind a startup than the ideas themselves 1 0 2The behavior of investors is often opaque to founders 1 0 2Before talking to investors, startups need to be introduced to them 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 2Underestimating the amount you hope to raise sends useful signals to investors 1 0 2Your goal should be to get the best investors as partners 1 0 2If you have multiple founders, pick one to handle fundraising so the other(s) can keep working on the company 1 0 2Good investors don't lead startups on; their reputations are too valuable 1 0 2Founders should be cautious even when potential series A investors have great reputations and work fast to provide termsheets 1 0 2