Insight certainty 4/5 debate potential 2/5

Armstrong: Successful Fundraising Means Nine Out of Ten Investors Reject You

Brian Armstrong · Coinbase: Brian Armstrong · Nov 15, 2021 · at 37:46

Coinbase CEO Brian Armstrong discusses the high rejection rate and emotional difficulty of raising early seed capital from venture capitalists.

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“Success in fundraising looks like Nine out of 10 people saying no, and very smart people who you probably respect telling you why your idea will not work.”

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