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Why it is hard for VCs to say ‘no’ and why that ‘no’ could be good news for an entrepreneur

The Next Web

Do they really expect that the next Facebook will come knocking at their ivory towers with a polished product, proven business model and the only thing missing on the way to an IPO being their Series A investment?”. Co-investments are an industry standard, and entrepreneurs should strive to get as much know-how on board as possible.