Re:The 32 startups that will present at Start-Up Chile Demo Day
by hmlt on Monday May 07, 2012 @06:45PM
(#3941307)
Life teach me that is always better be transparent and go upfront, then there is nothing wrong on show how much they want to raise :)
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Re:The 32 startups that will present at Start-Up Chile Demo Day
by rdl on Tuesday May 08, 2012 @02:03AM
(#3942448)
True in some contexts, false in others.
When raising money, or selling a product, there's a difference between "transparent" and "honest". You don't lead with the weakest part -- you don't price a product based on how much it costs to make -- you communicate value to the buyer and then figure out a fair price.
$500k from someone like hn user pmarca is worth a different amount than $500k from joe smith.