Everyone knows that raising private capital to finance a startup is difficult. This post is not going to tell that story. There are zillions of articles and blog posts about how to raise money. Maybe someday I’ll write one too.
The process of raising venture capital is time consuming, and at the end of the day, you’ll give up anywhere between 25-50% of your company in your first round and more in later rounds. But if you are developing advanced technologies where there’s a considerable amount of technical risk, while you are proving that your technology works there’s an alternative to selling off huge chunks of your company.
To read the full, original article click on this link: Principle Three: Leverage Private Money | Belief Without Evidence
