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Fund Raising is a Means Not an End

Steve Blank

If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. What is an IRR? These types of startups are better suited to raising money from friends, family, commercial and government small business loans, etc. Why small amounts? How long is a fund’s life?

article thumbnail

Fund Raising is a Means Not an End

Steve Blank

If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. What is an IRR? These types of startups are better suited to raising money from friends, family, commercial and government small business loans, etc. Why small amounts? How long is a fund’s life?