If you owe a little money, you have a problem. If you owe a lot of money, your bank has a prob,em.
If you run one company, you have a problem. If you run 2 or more, your investors have a problem.
Conversation
Otoh…
True startup types rarely run more than one company at a time. Jack Dorsey is a rare exception.
True PE turnaround types rarely fewer than 3-4 companies (via holding companies with some shared executives and strong investor control)
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Replying to
For serial, why does the founder control lead to fat startups and vice versa? Would less capital raised imply more founder control meaning a lean start-up?

