3min chapter

Startup School by Y Combinator cover image

How to Get Meetings with Investors and Raise Money by Aaron Harris

Startup School by Y Combinator

CHAPTER

Don't Take Money From Friends and Family

Most start ups that raise venture do not produce a return. Only take money from friends and family if you know they can afford to lose every single dollar of it. Don't artificially set a very high price because, again, theyr being nice. Go in with an actual pitch and an actual understanding of what you're doing,. It'll help train you for the next stage of raising money - usually angels.

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