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The biggerst mistake in raising money for your business

KiKiiiKiKiii subscriber Posts: 9 Member

Catering to investors

This is a very stupid move. In doing so, you are likely to obliterate what we really want to know.

Let's take an example: a man has a great idea, he finds out that someone else has a similar idea and just got investment, so he is always desperate to rely on that similar idea when talking to him. He thought that sinceinvestor had invested in the previous one, he would naturally be interested in him. But he forgot one thing: what investo want to know is how different his ideas are from the previous ones. Investor doesn't want to invest in two very similar companies.

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