Raising $800k to Buy an $8m Business as a First-Timer
Acquiring Minds
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How to Raise Capital for a Startup
Kevin O'Mara says he found the business through another SMB Twitter connection. He then connected with a broker in North Carolina who was part of a best practices group. They went through typical Iowa, Iowa process and then did an onsite meeting. The investor list took him 100 days to build up enough money for his first round of funding. But it's by no means the largest raise ever and self funded; there are people who have raised more.
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