Need straight-talking advice from a serial entrepreneur? Ask Uncle Saul and the answer may be posted here.
Last week’s question:
Dear Uncle Saul,
How far should I go with developing my new business before seeking to raise venture capital?
- Brian
Answer:
Go as far as you can! By bootstrapping your business during the early stages you will attain a far greater valuation enabling you to raise more money while giving less equity away. For more advice about VCs read "Brian Epstein is Not John Lennon, and Neither is Your VC."
- Uncle Saul
