Quote:
Originally Posted by DMcCunney
An old friend of mine went though that a few years back, trying to get funding for his site, which had a revenue stream and was profitable. I told him he was probably aiming too low. Venture capitalists are looking for the big win. Instead of asking for five million, he should have asked for fifty million... 
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Dennis |
Your right - we have had an offer of £100,000 but I need a bit more - I think I may up it to £5 million lol to get some buy in.
The reason they don't like the small numbers, like mine, is that the Due Dilligents can be expensive and not worth their effort. Oh well I'll keep battling on - another investor meeting friday
