The 5 Biggest Lies Startup Founders Tell Investors
There are plenty of lies that startups make up in order to get a chunk of money from a VC. And most of them are really easy to spot.
"We're taking every intro we can get... which isn't many."
"We're being selective on the investors we let into this round."
"Finding people to invest has been really hard for us."
"We're taking our time to make sure we find the right partners
for this round."
"The market size isn't significant enough for them to care."
"Our competition is too big and slow to come after us."
"We want to finally pay ourselves."
"We're raising money to scale quickly."
"Our KPIs are totally wrong but these numbers are growing."
"We're seeing 20 percent month-over-mon
th growth from the first month of launch."