How to Convince Investors
paulgraham.com
How to Convince Investors
I'm seeing more founders put together "investment memos" as fundraising material. It's a good idea.
But too many of them read like book report summaries.
Founders if you are going to write a memo, make sure it reads like a thesis:
1) How you developed your thesi... See more
Mercedes Bentx.comThe probability that a startup will make it big is not simply a constant fraction of the probability that they will succeed at all. If it were, you could fund everyone who seemed likely to succeed at all, and you'd get that fraction of big hits. Unfortunately picking winners is harder than that. You have to ignore the elephant in front of you, the ... See more