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Fundraising
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  • Some really nice points in here.
  • "Investors have more access to capital from LPs than they do to equity in great startups" -> obvious but good to be reminded before you go chat to an investor.
  • "there is no such thing as a required timeline or minimum time spent for an investor to issue a term sheet."
  • "control the pace of the process and manage the excitement of the investor."
  • "founders can significantly decrease this imbalance by talking to other good founders or to advisers who see many rounds at any given time. Price is a subset of this information set."
  • "Founders generally experience far more emotional range and depth during a raise since their companies are extensions of themselves"
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Saved to Fundraising
over 2 years ago