Re:Ask HN: what level is "traction"?
by damoncali on Thursday September 09, 2010 @01:10PM
(#1676041)
They're looking for a repeatable, scalable business model that they can pour cash into. Beyond that, it's all a matter of the investors' risk tolerance. (How little proof do they need before parting with their money?)
The metrics you're looking for are just pieces of the puzzle - you need to tell a story that says "if you put money into our black box, you'll get more out". There are no magic numbers.
The metrics you're looking for are just pieces of the puzzle - you need to tell a story that says "if you put money into our black box, you'll get more out". There are no magic numbers.