Starting a company often involves facing investor rejections, which can serve as a crucial growth experience for entrepreneurs. With approximately 90% of startups failing, understanding that rejection is a normal occurrence is essential. Different funds have varied strategies, impacting their investment decisions. An entrepreneur's disappointment after a rejection may not be personal; it usually stems from market conditions or alignment with the fund’s interests. Constructive feedback from rejections can help refine business strategies and widen market reach, ultimately leading to success despite initial setbacks.
Starting a new company is like launching a ship into the open sea. You have invested your heart, time and resources in an idea, hoping that it will float.
Rejections are part of the game...around 90% of the startups fail. This horrifying figure shouldn’t depress you; it should be directed to an understanding that this is an all-commonly normal occurrence.
Each fund has its strategy. Some seek startups that already generate revenue, while others prefer working at the earliest stages.
Rejection isn't about you. It often reflects market conditions or the fund's strategy.
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