News for hackers. Stuff that matters.
Re:Raising Money Online – Advice for Startups by wehadfun on Wednesday August 31, 2016 @05:12PM (#12401517)
What relationship did the companies have with the investors
Re:Raising Money Online – Advice for Startups by npt4279 on Wednesday August 31, 2016 @05:19PM (#12401571)
Typically, the investors are the startups own customers. For our most successful $1m raises, we estimate over 70% of the funds are their own community.

This makes sense. One good signal of whether you should invest is whether you love the product.