Strategy Roundtable For Entrepreneurs: VCs, Angels, Incubators, Accelerators - What Are You Doing With Your Rejects?
ReadWriteStart
FEBRUARY 24, 2011
To give you some further context, we recently spoke with a VC in Boise, Idaho, who gets 500 deals a year. That means that less than 1% of the entrepreneurs who apply succeed in getting financed. A sustainable business = (customer + revenue + profits). His firm invests in four. Investors are optional in this equation.
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