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Assignment 1 2021
1. Subsequenttotalkingbusinesspeople I've discoveredthesedisservicesof gettingVCcashearly.
1) Too much money – One of the businesspersonrevealedtome that multipleoccasionsearly
organizationsneedn'tbotherwithatonof moneybutsince of the absence of legitimate skill abeginning
up raisesanexcessive amountof moneyandafterwardwindsup spendingsignificantlymore thenitcan
create whichbringsabouta misfortune thatgetshardto recuperate frombringingaboutthe breakdown
of the business.
2) Loss of center– AnotherVCdisclosedtome thatmultiple occasionssubsequenttogettingthe
financingalmostimmediatelythe grouplosescenteraroundthe mainpartsof the businessandrather
attemptsto doeverythingsimultaneouslywhichwindsupinasubstantiallymore mindbogglingplanof
actiondownthe line whichgetshardto oversee lateron.
3) Customercriticism –One of the businesspersondisclosedtome that raisingsupportsearly
causesnumerousorganizationstofail torememberthe significance of clientinputandratherthey
continue attemptingtosell somethingwhichhas practicallynoclientinterest.Suchorganizations
continue goingthroughthe cashuntil there isnexttono or none leftdistinctlytofindthattheyhave no
real way proportional the business.