Fund Raising is a Means Not an End
Steve Blank
JUNE 11, 2013
For many entrepreneurs “raising money” has replaced “building a sustainable business” as their goal. Entrepreneurs need to think about 1) when to raise money, 2) why to raise money and 3) who to take money from, 4) the consequences of raising money. What is an IRR? There are two reasons to take venture money.
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