Dave McClure Famous Quotes
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Wait until companies have an initial prototype, have shown that they have the potential to be profitable and have the ability to scale. That's the best time to invest.
Entrepreneurs usually don't listen to people. Trust them to do their job. Remember, you invested with the understanding the project was likely to fail.
I think you want to show a level of transparency that breeds trust. You don't want to show a level of desperation that breeds concern.
I figured maybe I had some talent as an investor ... since it seemed like I was only a half-assed entrepreneur.