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The founder (Mehul Patel) is not building a fintech business, but still provides some very helpful reminders: Start fundraising early, craft a compelling story, prep for tough questions on profitability (or path to it), be flexible on valuations, choose your investors wisely
Much has been said about this topic by entrepreneurs, VCs and industry pundits, and my intention is not to rehash those sentiments here. However, the timing of our raise vis-à-vis the overall cooling of the funding environment provided me with a unique perspective on this topic. For that reason, I thought I’d share a few takeaways from my recent trip down Sand Hill Road.
https://medium.com/@Mehul_Patel/the-new-rules-of-startup-fundraising-43267ffa2be9#.5ixdud5pd
