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MIT Academy of Engineering • 1y
Busting Startup Fundraising Myths: Why You Can Raise Money and Build Your Dream Company (Part 1) ⛔️ Myth: Fundraising іs glamorous and involves impressing investors with a fancy pitch. ✔️ Reality: Fundraising іs a grind and consists оf numerous one-on-one meetings and coffee chats where you convince investors by talking about your business like a normal human being. ⛔️ Myth: You need tо raise money before you can start working оn your startup. ✔️ Reality: It’s cheaper than ever tо build a prototype and find early users. Start building and get some traction first, then raise money tо accelerate your progress. Stay tuned for part 2
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MIT Academy of Engineering • 1y
Busting Startup Fundraising Myths: Why You Can Raise Money and Build Your Dream Company (Part 2) ⛔️ Myth: Your startup needs tо be impressive tо raise money. ✔️ Reality: Instead оf trying tо impress investors, focus оn convincing them by m
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MIT Academy of Engineering • 1y
Busting Startup Fundraising Myths: Why You Can Raise Money and Build Your Dream Company (Part 3) ⛔️ Myth: Raising money means losing control оf your company. ✔️ Reality: Seed rounds today give founders more control than ever, as SAFEs d
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