The Pros and Cons of Rando Rich People Investing in Your Startup
This is going to be BIG.
JANUARY 18, 2024
On the other hand, they could be the opposite—much more focused on near-term cash distributions than long-term equity appreciation. They might not understand how a pre-revenue startup could be worth anything, let alone be valued at $5mm. Can they lose this money? It will save everyone a lot of cost and time.
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