@paulg founders herd dynamics. Startups should raise money when they understand x amount of money would make them grow 10x.
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@paulg@gabegundy use the best cash to build your biz: customer funds -
@JordanAvner This is oversimplifying. But yes, generally. :) -
@randallb@JordanAvner some business you can do that... others you can't. We feel lucky to not have taken any money to get Izeni going. -
@randallb@JordanAvner still, it was a *super* hard path. -
@gabegundy@JordanAvner the trick is they're all different flavors of hard. Raising money isn't easy, and spending it doesn't feel natural. -
@gabegundy@JordanAvner Sometimes I feel@grasmeyer's reluctance to start a company with employees is the only way to actual happiness. -
@randallb@JordanAvner@grasmeyer maybe, but employees/co-workers are the best. I *really* like people. It's paying them that's hard :)
End of conversation
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@paulg how many companies exist solely because of a & b :(Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg Wild guess: they do 'enterprise' stuff or something else not 'sexy'?Thanks. Twitter will use this to make your timeline better. UndoUndo
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Hedge funds too “
@paulg Subtract from your desire to raise money the components due to it seeming normal and prestigious startups doing it.”Thanks. Twitter will use this to make your timeline better. UndoUndo
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@paulg and (c) personal brandingThanks. Twitter will use this to make your timeline better. UndoUndo
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