Last night we went to Sydney to check out a workshop on raising some sweet $$$ for our tech start-up.

I want to know from you guys would you ever mortgage your house on a start up idea?

I don’t think any of us at Elite are that crazy (yet!) and that has nothing to do with the fact that none of us actually own a house. But Mandeep Sodi, CEO of HashChing (the guy with the mic) was crazy enough to believe in his idea that he actually did that!

Turns out investors like to see that you have some cash in the bank after a round of funding and being sued doesn’t make it easy for that to happen.

Hopefully with some of the advice these million dollar CEO’s gave us we will never have to mortgage our own house to get a round of funding!
#foundersInstitute #raisingCapital