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Fund Raising is a Means Not an End

Steve Blank

Who are the partners? If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. And at this early stage you’ll be giving up a larger percentage of your firm to investors. How do the fund and the partners make money? What is an IRR?

article thumbnail

Fund Raising is a Means Not an End

Steve Blank

Who are the partners? If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. And at this early stage you’ll be giving up a larger percentage of your firm to investors. How do the fund and the partners make money? What is an IRR?