One of the things you have to be really careful about as a new business raising money is VC's who are probably just jerking you around. I've unfortunately seen too much of this over the past few years for my liking. I am seeing a strategy firmly take hold where a VC will screen an entire market segment, basically listening to any pitch he can get at to determine what the market looks like. Granted, this is smart business on the side of the VC but you as the struggling business with minimal resources will probably get screwed. You'll be...
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