raising money in this economy?? show your frugality

If you are raising money right now, show your frugality to investors.

downgrade your car. Get rid of that BMW or Porsche. Buy a 5+ yr old Toyota or Chevy.

1 thought on “raising money in this economy?? show your frugality

  1. Genetizen

    This very point was made during a meeting with a potential investor. To exaggerate his point, he said he loves to hear stories about founders “using public transportation and eating from dumpsters” to demonstrate their frugality. On the way out, we spotted a dumpster behind his office in Palo Alto and snapped a photo of us digging around for food. We sent the photo along with our thank you note.

    Reply

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