![rebecca [*]](https://pbs.twimg.com/profile_images/1948398312/profile_normal.png)
.@paulg happens all the time on shark tank!!
An offer to invest that's contingent on others investing is so close to a No that you should just treat it as one.
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@Aboundlessworld@paulg Was thinking that too! What is the saying... Either be able to say hell yeah, or say no.
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@paulg contingent on specific others, others generally or both is basically a no?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg yes. Spend your energy finding a lead investor with unwavering conviction.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg That's common amongst LPs in the PE/VC fund world tho, to wait for more fundraising traction before committing (or committing more)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg it's incumbent on startup founders to deal with such objections as salespeople do on every sales call!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg true of VCs, but not all angels. Eg, when raising a small/fragmented round, who wants to fund $50k til there's $200k+ committed?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg That "No" is "Yes" if U approached investors in a different order. Q: how do U know if any yes after 1st yes isn't 1 of these no's?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Lesson being: only the 1st Yes from an investor is certifiable as genuine? Subsequent investors R indiscernible from heard behavior?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg what's your advice/strategy to an investor who says that? -
@Bmenzalji Find investors who will give you money.
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