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• Archive: You can raise money easily…You just have to know the rules..I opened the email and my heart rate skyrocketed.
• The message read:“Hey Seth and Michael – I’m in for $200,000. I will sign and wire by Friday. Excited to be on board.” [investor name redacted]Friday came… and Friday went.
• But no money showed up in our account…Days later, the investor who sent the email told us he had to withdraw.I was stunned.
• Seth was not…See, I had assumed that when investors commit in writing, it means you will receive money.
• Thus began my education about how fundraising really works, and when I learned for the first time (of many) that “It’s not over until the money’s in the bank…”My name is Michael Simpson.