- How is this affecting investor confidence in early growth companies? Is it wise to raise capital right now?
- Reply To: How is this affecting investor confidence in early growth companies? Is it wise to raise capital right now?
Reply submitted 20/04/20 @ 04:30pm::
On the flip side Max, and at the risk of stating the obvious. Look at extending your “burn rate” i.e. how much cash you have and how long can you survive for. If you can trim the fat on your expenses and stay afloat without the need to ask for more money right now, the market sentiment will improve. There is still plenty of money in the economy, if anything, adopt the sniper approach and pick a small sample size of investors who you believe are your target market and ask for their opinion, test the waters, after all, most people love talking about themselves. Cheers!