I've found a lucrative e-commerce niche. I'm gaining traction in my proof of concept stage.

Being there I have to say that once you have paying customers. Your venture's market cap can help determine the % of paying customers you might need to start pitching and be considered. With that said it never hurts to just approach a few angels, let them know what you have and ask for feedback on what they would "require" ultimately you have to please who is giving you the money... They all vary.

Answered 9 years ago

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