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Ravi Ganesh Profile picture
Ravi Ganesh
@RaviGane
Visionary thought leader on Digital, Data, Privacy, Tech and Brand Building. Startup marketer. Researcher at legal think tank Enkrypt Council
Apr 11, 2020 • 47 tweets • 10 min read
Clear directions from venture capitalists on fund raising
1. Acknowledge the new reality that revenues are tending towards zero. Prior valuations and also cost structures were based on revenue projections. Now, costs need to be reimagined from base levels (1/n) Investors are more than happy to support founders. No investor is saying NO to funds. However, such requests need to be practical and balance obligations. Every founder has to be rational and bring costs down. (2/n)