Contact Us

Give us a call or drop by anytime, we endeavor to answer all inquiries within 24 hours.

map

Find us

PO Box 16122 Collins Street West Victoria, Australia

Email us

info@domain.com / example@domain.com

Phone support

Phone: + (066) 0760 0260 / + (057) 0760 0560

There’s comfort in the crowd

  • By Alan Knott-Craig
  • March 5, 2023

When raising money, a useful technique is to ask Bob for a commitment “subject to”.

Ie: Bob will invest R1mil subject to you finding another R4mil. 

Then when you go to the next potential investor you can say “Bob is in for R1mil if we raise another R4mil”.

Both Bob and the new investor can take assurance that if they invest, they’re not alone.

That gives people comfort.

There’s comfort in the crowd.

Discover more from Alan Knott-Craig

Subscribe now to keep reading and get access to the full archive.

Continue reading