Do Angel Investors and Seed VCs Ask for Detailed Budgets Before Investing?
SaaStr
SEPTEMBER 20, 2024
Dear SaaStr: Do angel investors or seed venture capitalists normally ask for detailed budgets including cash flow analysis before investing, even though most of the numbers will be pure speculation? Many do. Why? Even if you are very early stage, It’s really one of the best ways to learn. To learn what in the founders’ heads: How long do they want the cash to last?
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