Do not avoid casual conversations with potential acquirers even if you do not want to sell your company right now
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Argument #034dd0c0 1 0 2
If it is true that...
Good investors don't lead startups on; their reputations are too valuable 1 0 2and
Associates at VC firms regularly cold email startups, but an associate is not a VC and they have no decision-making power 1 0 2Then it must be true that...
Avoid casual conversations with potential acquirers unless you want to sell your company right now 1 0 2Citations
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Related Propositions
Avoid conferences unless they are the best way to get customers 1 0 2The value of a company is not determined rationally but is essentially a bet on its future success 1 0 2The way to get big returns in venture investing is not by trying to avoid losses, but by trying to ensure you get some of the big hits 1 0 1Face to face contact makes deals happen and it hasn't yet been duplicated by technology 1 0 2Before talking to investors, startups need to be introduced to them 1 0 2Treat investors as saying no until they unequivocally say yes, in the form of a definite offer with no contingencies 1 0 2Your goal should be to get the best investors as partners 1 0 2Avoid casual conversations with potential acquirers unless you want to sell your company right now 1 0 2Having one founder take fundraising meetings avoids real-time negotiations 1 0 2Business skills are not essential for starting a company and can be acquired during the process 2 0 3