United States:
When To Let Your Competitors Be Your Investors
26 September 2017
WilmerHale
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Partner Joshua Fox, in this guest article published by
VentureBeat, discusses the benefits and risks of
entrepreneurs seeking capital from competitors, also known as
"strategic investors."
Excerpt: When startups need money, they
typically roll out their slide deck to the usual suspects: VCs,
angels, or friends and family. Increasingly, though, more tech and
biotech entrepreneurs are looking beyond those traditional sources
and seeking capital from what might seem to be an unlikely suspect:
their competitors, also known as "strategic investors."
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