Startup Next Door

I don’t speak much about raising capital at Startup Next Door.  For goodness’ sake, the tagline is “Venture without Capital”. But Wednesday night I spoke with a gentleman who had been involved in a few startups (most of them huge), and who has raised funds and is currently raising funds for another ambitious startup.  In speaking with him about a business idea and how to raise funds, his advice was to create a story about what you are trying to accomplish, and a part of that story MUST involve making money.  That old chestnut – the business model.

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