What Are the Challenges in Accessing a Large Pool of Investors?
While having access to a large pool of potential investors is beneficial, it also comes with its challenges:
1. Competition: Many startups are vying for the attention of the same investors. 2. Due Diligence: Investors conduct thorough due diligence; entrepreneurs must be prepared with detailed financials and business plans. 3. Terms and Conditions: Negotiating the terms of the investment can be complex and may require legal assistance. 4. Market Conditions: Economic downturns can affect the availability of investment capital. 5. Geographical Barriers: Sometimes, geographical location can limit access to certain types of investors.