Raising prices for your product every year or two and grandfathering in existing customers is a great way to increase loyalty and grow your profit margins. (We did this several times over the next few years; it worked like a charm.) If you want to raise money from an investor, ask for help with your business. If you want an investor to help with your business, ask for money. (From later experiences I can verify that, yes, this totally works.) Many voting rights for funded companies have some provision that gives special consideration to “preferred shareholders.” Usually, these are the
...more
This highlight has been truncated due to consecutive passage length restrictions.
