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allensblog: Entrepreneurs, Gambling & the Schmuck Factor: How a Major Milestone May Hurt Fundraising

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Entrepreneurs, here's another surprising subtlety that you might not think of when raising money from venture capitalists:  even with a solid track record of accomplishment over, say, the past year, don't try to raise money too close to an upcoming major milestone, or inflection point, in your business (e.g., big product release, significant new customer agreement, important senior hire).

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