Strategy Roundtable: Professional Investors Do Not Invest In $20 Million Markets
ReadWriteStart
OCTOBER 14, 2010
He is willing to give up 33% of equity for this $1 million investment. I feel that it is not at all necessary to give this much equity up at this stage of the game. He should then bootstrap his product development by using the consulting fees. Through SEO and mommy blog PR, Lee can tap into this market.
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