Good thread, though another takeaway is: think carefully before sending projections at the early stages, because smart investors like Leo will have lots of thoughts about them. If you’re selling on a story/concept, projections can raise many questions and slow down decisions.https://twitter.com/lpolovets/status/1188979329935409152 …
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(this is a softer version of the original tweet, which said: “for the love of god don’t send a financial model at the seed stage”)
6:46 PM - 28 Oct 2019
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