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A year from now, will you have gone “faster” and accomplished more because of outside capital accelerating the business, which justifies your time spent fundraising today? Do you have the experience, reputation, and network that make it relatively easy to raise seedcapital? appeared first on NextView Ventures.
Lastly, note that using free crowdfunding sites provides an excellent cost-effective solution compared to seedcapital or personal loans with high-interest rates. The social proof and validation received from having numerous tangible backers can also be priceless. Next, you’ll delve into some notable crowdfunding platforms.
The angel then introduces the entrepreneur to his or her wealthy friends and business connections who, based on the good reputation of the referring angel, also invest.
In this case, we misread the respect – or lack thereof – that a co-investor and an entrepreneur would have for the other seed investors and the seedcapital that helped them get a product built and into customer hands. And developing a reputation for recapping seed rounds is, in my book, silly.
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