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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. These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. How do the fund and the partners make money?

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. These sources are a lot more forgiving of iterations and pivots than later-stage venture-capital funds. How do the fund and the partners make money?