Since I know this question is coming... How to be appealing to investors? Actually be a good investment.
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The reason most founders are surprised by the difficulty of fundraising is that they're learning something about themselves, not something about fundraising. They know fundraising is hard for startups that don't seem appealing to investors. They just didn't realize they had one.
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How to be a good investment? Grow revenue fast.
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How to grow revenue fast? Make something people want.
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How to make something people want? Make something you want.
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This tweet seems to give investors a lot more credit than I have observed, in general, over the years
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Then cognitive dissonance sets in I think?
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Then it's time to get
@jasonfried &@dhh's books? - Show replies
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I think this is overindexing on confident founders (I’m guessing, white American dudes). A few founders I know anticipate raising money to be one of the greater challenges. It’s still true, but I’m not sure it’s « most founders »
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