10 Tips for Startups Raising Money from Angels
VC Cafe
SEPTEMBER 6, 2011
Make sure your model is credible – “the market in China is 3 billion users and we will aim to achieve 1% market penetration in year one (yeah, right). Are your costs per acquisition going up or down with scale? How many angels have committed so far? Bottom up is better than top down projections (i.e.
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