{"id":31956,"date":"2023-10-20T14:26:26","date_gmt":"2023-10-20T14:26:26","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/some-timelio-advice-on-getting-the-right-investors-startupsmart\/"},"modified":"2023-10-20T14:26:26","modified_gmt":"2023-10-20T14:26:26","slug":"some-timelio-advice-on-getting-the-right-investors-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/some-timelio-advice-on-getting-the-right-investors-startupsmart\/","title":{"rendered":"Some Timelio advice on getting the right investors – StartupSmart"},"content":{"rendered":"
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The type of investors a young startup brings on board can \u201cmake or break\u201d the business, Timelio CEO and co-founder Charlotte Petris says.<\/p>\n
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She says it\u2019s important for early-stage companies to carefully select the right group of investors, rather than jump at the first sign of cash.<\/p>\n
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\u201cIt\u2019s very important to select the right investors for your business,\u201d Petris says.<\/p>\n
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\u201cMoney is effectively just a commodity, so it\u2019s about finding the right people at this early stage. It\u2019s difficult to be more selective but it pays off in the long run.\u201d<\/p>\n
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Timelio has just closed a $500,000 funding round, and Petris says this cash injection comes with a syndicate of investors that will be able to help grow the Melbourne-based P2P invoice finance platform.<\/p>\n
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\u201cWe\u2019ve got some great investors on \u2013board, including some high net-worth investors that were existing customers on our platform,\u201d Petris says.<\/p>\n
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\u201cOur investors are really passionate about what we\u2019re doing and they share our vision for the business.\u201d<\/p>\n
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\u201cThat really highlights the confidence and excitement they have in our future.\u201d<\/p>\n
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