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Forum nameGeneral Discussion
Topic subjectRE: Yeah but VC firms, private equity firms and other investors, will always
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=12750758&mesg_id=12752495
12752495, RE: Yeah but VC firms, private equity firms and other investors, will always
Posted by dafriquan, Mon Mar-16-15 09:29 AM
>want you to have some skin in the game
Sweat equity and the value of your idea is enough "skin"

>and have some of your
>own money invested in the venture.
It has never been a requirement and will not make/break an investment deal in a lucrative opportunity.

How much actual money do you think a pimple faced tech nerd fresh out of school has to put into the next instagram or skype? Their Time and their idea is their main asset. Family/Friends then Angel Investors then VC and maybe PE and lastly IPO is the usual order of investment.

>
>**********
>"Everyone has a plan until you punch them in the face. Then
>they don't have a plan anymore." (c) Mike Tyson
>
>"One of the most important things in life is what Judge
>Learned Hand described as 'that ever-gnawing inner doubt as to
>whether you're r