3min chapter

The Joe Walker Podcast cover image

Where Venture Capital Meets Social Purpose - May Samali

The Joe Walker Podcast

CHAPTER

How to Overcome the Chicken and Egg Problem in Early Stage Entrepreneurship

Entrepreneurs need capital to prove the concept, but VCs aren't willing to part with their money until it's proved. The best entrepreneurs can do a lot with a little and are very systematic in trying to prove the first hypothesis before raising more cash. Venture is not for everyone or not immediately at least - being open to living a 'scrappy life' may be key.

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