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Venture Capital - How to Raise More Money
Dordash, a company that delivers food from restaurants to consumers, raised money in its first six months. The founders did some email marketing and made fliers but they were already proving it was working. So what happens if you don't make the progress? You raise your first round of ventura capital o your second round, you're not doing very well. And this discipline of having to prove something within a year or two, until your cash runs out is an important reason why the venture capital process works well.