If your startup is profitable and growing well, why do you need to raise another round? What problem do you have that raising more money would solve? If the answer to that isn't obvious, don't.
Maybe. But (a) when you have money in the bank, you find ways to spend it, and this can damage you by e.g. making you overhire, or rent fancy offices, and (b) funding that's cheap in dilution is not necessarily so in distraction.
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When I grow up and reinvent startup funding, it will be a rolling fundraising to maintain a runway length. Good news is less feast or famine behavior and more steady focus. Bad news is less heroic startup-y mad rush to avoid a wiley coyote ending?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg is dead on. I’ve seen quite a few startups act like they’ve got massive holes in their pockets. It can be genuinely counter productive to be over funded.Thanks. Twitter will use this to make your timeline better. UndoUndo
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