Latest / No Followers Podcast: for Inventors, Builders, Entrepreneurs
Team Building vs. Fundraising
In this episode:
If your whole business plan is to raise money, get a new plan. I thought it was time to fundraise ** You have no market intelligence to share with an investor ** People don't usually invest in a business. They invest in people and look for a team ** How can I get market validation if I can't make my product? ** Your time is better spent building a team instead of fundraising ** A start up is not a business A start up is an idea looking for a business ** We never raise money until we have a pilot or a customer ** If you fundraise early on, you will probably be giving up equity…
The skinny
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