When founders request small amounts of funding (like $500k-$1M), investors interpret this as a lack of conviction in the business, signaling that the founder doesn't believe they can raise larger amounts (like $4-7M), which makes it harder to secure investment.
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This is how to Raise money from Investors @SlashFinancialAñadido:
The more aggressive you are, the easier it'll be to raise money for you. So, I I've some founder friends that tell [music] me like, "We're thinking of going out and raising. We want to start with a small amount, like 500k or or to a million dollars, um because we think that'll be more achievable." What you're signaling to investors there is that you don't have enough conviction in your business. You're not all all about it.
You don't believe that you're a generational founder that can raise [music] four or five six seven million dollars.
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