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Yeah, unless they're your friends or rich uncle, these investors don't exist.

When the OP raised money, it sounds like he was still planning on going the VC-funded route, and that's the assumption investors would have been operating under.

In the end, they were probably okay with a 2-3x ROI because they expect most of their investments not to work out, and 2-3x is better than 0x. But I doubt they would have invested if the plan all along was to aim for a 2-3x return.




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