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This Day and Age

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This Day and Age

The selection is strict and you have to make a serious pitch for it. Similar to Namibia Phone Number List financing. Only a few of every 100 applicants are accepted. But if you succeed, you will get a lot in return. Most start-ups fail simply because there appears to be no need for the devised ‘solution’ at all. 5. Collect Namibia Phone Number List from angels Financing is necessary if you want to get something off the ground. But the biggest risk is to raise more money than necessary. That leads to: waste; you will spend more if there is more in your account. loss of focus; you are going to do unnecessary activities if money is available anyway.

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more involvement in your business; investors who have Namibia Phone Number List larger amounts want to have more influence. problems with the next collection round; it is inconvenient if many percentages of the share capital have already been distributed. Although it sounds cool if you Namibia Phone Number List say that a (large) amount has been raised from investment companies, it is often convenient and sensible to do this at a bank in the first instance. Then you keep the shares in your portfolio. 6. Achieving product-market fit Namibia Phone Number List your company takes a step towards maturity, it is called a scale-up instead of a start-up.

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For this you can look at criteria such as number of Namibia Phone Number List , customers or the amount of capital raised. The most important thing, however, is that the product-market fit has been. That means you’ve proven that people are willing to pay for your solution. More money than you Namibia Phone Number List asked for. And that people that they would be very disappointed if the product disappeared. In addition, it is important that the product is profitable. Finally, you must be able to show that you are able to acquire Namibia Phone Number List at a reasonable cost. If those three parts succeed, your company is called a scale-up.

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