Michael Sikorsky of Cambrian House a Crowd Sourced software play has written an interesting post,
Raising capital: Six tips on Eating Fear.

Interesting observations include:
Most investors invest emotionally and then justify their decisions rationally.

You could have the most amateur answers in the world for how your business is going to operate and people will still invest in you if they believe in you. It’s just true.

And finally ends with:
When entrepreneurs sincerely believe, project a genuine aura of confidence, and act as if they are destined to raise the money, they often do.

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