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Ask HN: What's your advice for raising a smaller ($10k-$100k) seed round?
5 points by mlejva on Dec 8, 2018 | hide | past | favorite | 3 comments



This is typically what you go to friends/family or local high net worth individuals to raise.

If you are wanting to raise less than 50k make sure you have really thought it through, too small of a round means you may not give yourself enough runway to make enough progress. At the same time, remember there are numerous businesses every year that start on tiny amounts of money and become profitable very quickly.

Not advocating this, but I know multiple successful businesses that were financed on credit cards when they only needed a modest amount to get started.


Why do you want to raise such a small round of funding?


You need to explain your situation.

If I were to guess, you don't need to add employees and only need money for resources marketing in which case- it makes absolute sense. The general advice is to raise money only if you need it.




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