Ask HN: What to do with Angel Money?

Posted by jonlegend on Friday November 12, 2010 @06:34PM
from the ask-hn dept.

I noticed that many start-ups put a lot of emphasis on raising large amounts of money through Angels and VC's. What can you/should you use this money for?

( 2 comments | 2 points | on HN )

Re:Ask HN: What to do with Angel Money? by citizenkeys on Friday November 12, 2010 @06:50PM (#1899749)

"Build infrastructure".

What does that mean exactly? I don't know. I just know that's the best answer to give an investor when they ask why you need their money. Just say "build infrastructure" and they'll nod approvingly.

[ Parent | on HN ]

Re:Ask HN: What to do with Angel Money? by minalecs on Friday November 12, 2010 @06:45PM (#1899736)

build or update your product, putting it out, testing and validating assumptions, stick with it until you find traction or have hit some wall, pivot, rinse repeat.

[ Parent | on HN ]