People often view fundraising as a distraction, but it's healthier to view it as super high leverage activity. 1) If it takes 200 meetings to raise $8m, that's $40k per hour of work. 2) If you can raise $10m instead of $8m, that's 10 extra people you can hire for your company.
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Agreed for CEO, but the rest of the co can keep operating. I'm not saying fundraising isn't a distraction, just saying that it's high leverage and it's valuable to remember that and to make the most of it.
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Agreed! Quick access to money when something starts working is a competitive advantage. YCombinator systematically capitalizing on that nicely. So are the top of the top VCs.
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