Founders raising cash today: Fundraising is to prove/disprove a certain set of hypotheses before next round. It is not to solve capital supply problems for your capital providers. Raise what you need, not what is on offer. It will distort execution more than you think.
Replying to @HarryStebbings
have you ever met anybody able to basically set their war chest aside under lock and key?
11:24 AM - 24 Sep 2021
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