Hacker News new | past | comments | ask | show | jobs | submit login

This is what happens on the Dragon's Den. The Dragons are much more likely to invest in someone who can prove that they can make a small success on their own, and who has the balance sheet or sales statistics to prove it.

Even if someone has a stellar product or service, if they have only sold a meagre amount to friends and family in two years the Dragons start to get tetchy and either ditch them, or ask for a huge chunk of the company in return for their investment.

Of course, I'm sure the Dragon's Den isn't necessarily much like the real world, but it's interesting to note the things they look for.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: