Data: 6000 startups' business performance compared to fundraising success
gust.comReminds me of something my Dad said a long time ago. The less you need the money the more likely you are to get it. He was talking about business lending, but I suppose the same goes for investing.
the overall trends we saw in the data reflected how investors really think about startups, which is based on risk. the more progress you can show with the funds you've used so far, the less risky your startup will look to investors.
I get it. And I wouldn't "risk" my money any differently.