Remove Carried Interest Remove Cost Remove Seed Money Remove Technology
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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

Your financial risks of starting most technology companies these days are so low. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. I’ll pay my own moving costs and if we don’t raise the fund you owe me nothing.”.