Adam Neary, co-founder/CEO of New York startup Profitably, has a great post on their long and hard slog to raise money.
Now, posts like that are dime a dozen, but Neary's stands out for one reason: it names names, and says who is or isn't up to snuff. Great stuff.
As Chris Dixon points out on Twitter, this isn't just great reading, it's also good because it makes entrepreneurs wiser and investors more accountable.
Here's the report card:
Founder Institute: (a Y Combinator-style incubator) "quite helpful with early-stage advice and not helpful at all during fund-raising." "In our case ... FI became a major scarlet letter to be overcome during funding, and that’s regrettable."
To read the full, original article click on this link: Finally, An Entrepreneur Who Talks About The Fundraising Process And NAMES NAMES
Author: Pascal-Emmanuel Gobry
