Is All Investor Money The Same?

If you need money to start or grow your business and are seeking investors what are you looking for? Money of course. You need to be careful because the investor waters are full of people that have ulterior motives beyond funding your business. These investors can suck your time, your idea and your patience and in the end you may never see a dime. I came across the article below on Twitter and thought it hit the various types of investors that you want to avoid perfectly. Check it out and let me know if there are others that need to be included.

Mike

Entrepreneurs Corner: 7 Types of Investors to Avoid

By Ellie Cachette

Many startups on the path of fundraising will endure a fair share of comedy and pain. Some investors will seem incredible savvy and others will tout themselves as “internet investors” specializing in Consumer Web – then ask you what SEO is. Some will say your cap is too high and others won’t understand your business model. 

Here is the truth: you are storytelling and “she with the better spreadsheet” wins.

If it’s your first startup, fundraising is a game and the best way to play it is by getting fans.

Investors will follow – Click  here for the seven types of investors you’ll find on this journey.

 

via socialtimes.com

Comments

[Jeff]

Mike, thank you for sharing this -- very relevant. Good timing!