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But with so many investors still licking their wounds from the dot-com bust, many focused on proven business models, such as advertising or e-commerce. As a result, we knew that our pitch would need to steer into investors’ biggest concern: the lack of revenue. We are the leader in the professional domain with viral growth.
What is your viral coefficient? Look for Your LeadInvestor. First you’ll want to find a leadinvestor — someone many other investors will recognize and respect. This list of top angel investors is a good start. Advertising. viral video. Focus on traction. Friendster. Google Maps.
This is a variation on the first mover argument, implying a paradigm shift that gives you a tremendous lead. Investors will suspect you have a technology looking for a solution. Only our team can make this work.” “We plan to offer it for free, and live off advertising revenue.” This advantage is not sustainable.
This is a variation on the first mover argument, implying a paradigm shift that gives you a tremendous lead. Investors will suspect you have a technology looking for a solution. Only our team can make this work.” “We plan to offer it for free, and live off advertising revenue.” This advantage is not sustainable.
This is a variation on the first mover argument, implying a paradigm shift that gives you a tremendous lead. Investors will suspect you have a technology looking for a solution. Only our team can make this work.” “We plan to offer it for free, and live off advertising revenue.” This advantage is not sustainable.
This is one of the reasons why the best practice for a startup is to raise investment rounds from different leadinvestors rather than simply doing internal rounds, even if an internal round requires less work. This is why advertising is a really good business model. Or when should a board member be fired?
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