Views I hold that are rarely covered in the debates on raising venture capital or not - raising is burning the boats that promises to employees that founder is optimizing for certain range of outcomes - founders value and are buying shortened time window to either outcome
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(Though there might be a curve there; I ran a business with six figures revenue for 5+ years. I suppose “orderly winddown” is a fairly easy decision to make if one is funded and ends up with equivalently sized buiness w/o strong MOM growth; hard to justify if one owns all of it.)
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Yes, raising definitely increases this runway for deliberate or unintentional negative money periods. But this is part of consensus view on pro of raising, so didn't mention here. Vs venture being way to either make it or move on to next thing in expedited timeframe
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