Raising The Next Round -- Proving Minimal Viable Repeatability (MVR)

PUBLISHED BY Bryan Stolle

SOURCE Forbes

June 3, 2016

When an entrepreneur takes investor money, they are expected to deliver on the plan and milestones they “sold” to investors during the fund-raising process. These expectation dynamics are covered in an earlier blog: http://onforb.es/25DBDfR

However, you will almost certainly need more capital in the future. The next investor also has a set of things they want to see proven out with the capital you previously raised. Unfortunately, these expectations aren’t always well communicated or understood. I find “what do we need to prove to the next investors” to be a frequent question in start-up board rooms.

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