View Single Post
Old 01-09-2013, 02:14 PM  
iwiiiiiiiiii
Outside The Box Geek
 
Industry Role:
Join Date: Oct 2004
Location: MTL/Canada
Posts: 550
Hey bossku69, just my 2 cents about this subject, which I know a bit...

First, they are not angels at all, especially when they invest in a business they don't know. You have hard time to explain why shit happens. And having an investor on your back, give you a lot of pressure.

From what you're saying, getting money that you don't need, to secure your business, will be seen as a flag. Can be seen as you not trusting your business, you being bored, you feeling insecure etc. So make sure you have a business plan, showing why you want that money and how it gonna beneficiate the company, and mostly how it's gonna beneficiate the investor.

My last advise would be this, play the card that you're looking for a new partner, that will complete you (or you+other shareholders), that way, it doesn't look that you're looking for an ATM, and will definitely help you more than just getting money.
__________________
The second time the dog bites you, it's not his fault.
iwiiiiiiiiii is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote