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Why Founders Should Avoid Equity Deals Before Validation
Posted on Tuesday, Oct 28th
Giving up equity early on is one of the worst decisions an entrepreneur makes. Say, you give up 15% for $200k in pre-seed accelerator funding. What happens next? You haven’t validated anything yet. You don’t know whether your business has the capacity to go from 0 to $100M in 5-7 years. That’s what VCs are
