Tag: finders
-
Why a Finder is a Loser
When a startup considers paying a “finder” for investor introductions, I usually have the same conversation with founders. It goes something like this. A typical conversation about a finder Startup: A finder knows a lot of investors and will introduce us if we pay 6% of any capital we raise through those introductions. Me: Is…
-
Should Your Startup Hire a Finder?
Raising capital is not easy. While startup entrepreneurs usually have a strong network of people within their own industry, many entrepreneurs lack contacts at venture capital firms and other angel groups. And even if the entrepreneur knows about such funding sources, it’s difficult to get solid intros to such people. Sometimes startups will run into…