Jason Feffer, Co-Founder of SodaHead.com (http://www. SodaHead.com/) gives tips for raising money. Understand how to evaluate how much you need, find the right investors and manage the capital you need to grow.
- Determine the need for the money
- Investors invest with the goal of a high return
- Be cautious about how much valuation you project
- Calculate the amount of capital needed to continue growing
- Be cautious with how you spend the money & how much you take