For CEOs & Leaders From Idea 🌱To EXIT 🦄

For CEOs & Leaders From Idea 🌱To EXIT 🦄

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For CEOs & Leaders From Idea 🌱To EXIT 🦄
For CEOs & Leaders From Idea 🌱To EXIT 🦄
For these reasons, I am out

For these reasons, I am out

Little case study and why I won’t invest.

Raja Skogland's avatar
Raja Skogland
Sep 05, 2022
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For CEOs & Leaders From Idea 🌱To EXIT 🦄
For CEOs & Leaders From Idea 🌱To EXIT 🦄
For these reasons, I am out
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Sum up of a meeting with a startup raising money: they just finished their MVP, they have industry experience, existing investors, and a team of 4 (CEO, CMO, CTO, CPO). They are raising 1M EUR. Sounds promising so far.

The big red flags:

🚩 They are raising money to build more tech, instead of focusing on getting traction and paying users with their exist…

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