Advice on Raising Money
Getting the right investment partner is like marriage. Don’t enter into an investment agreement without careful consideration. Not all money is equal. Ask around your circle of lawyers and accountants to find out who has the best reputations. Before signing anything with an investor ask them for a list of companies they have worked for and call the CEO’s to get the other side of the story. If the investors can’t provide you with references it’s better to keep looking. Under funding a company is not wise but you’re much more likely to have a clear sense of exactly where that money is going to go than if you raised too much money.
