”When founders pitch properly, VCs don’t ask for financial projections because the VCs implicitly understand how much revenue is available and the plan for capturing it. In contrast, no matter how great you feel about your pitch, and no matter how enthusiastic the VC you’re pitching seems, a request for financial projections usually signals the end of any chance you have at raising money from that particular investor. Do you know why? Do you know how to avoid getting asked for your financial projections? If not, read on.”
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