I was reading Paul Graham’s essay “A Fundraising Survival Guide” in which, he outlines some of the key factors which helps in keeping fund raising dreams for startups beyond stealth mode. I thought of highlighting these techniques in this post simply because they were very concise and demanding.
1. Have low expectations.
2. Keep working on your startup.
3. Be conservative.
4. Be flexible.
5. Be independent.
6. Don’t take rejection personally.
7. Be able to downshift into consulting.
8. Avoid inexperienced investors.
9. Know where you stand.
Sometimes it is easy to burn the cash and not beat the market expectations. So by all means, successful funding can not be considered a successful startup. Investors are really smart. Don’t you agree? 🙂