Wednesday 5 September
Wednesday, 5 September 2012 |
Ever walked away from a meeting with a potential investor feeling that you’ve been fed a line?
If so, you’re not alone. Investors regularly trot out ambiguous lines to entrepreneurs, with reality often failing to match your sky-high hopes.In the investment “dance”, the truth can become a little obscured. To help you see past the bull dust, we’ve picked out the top 10 lies told by investors to start-ups – and explain what they really mean.
If, after reading this, you still fancy chancing your arm, there’s a new $50,000 pitching competition set to take place in Sydney, while there’s a warning over Australia's new patent regime.
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