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zackkanter's profile
Zack Kanter
Zack Kanter
Zack Kanter
Verified account
@zackkanter

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Zack KanterVerified account

@zackkanter

Founder/CEO @ http://Stedi.com  (modern EDI platform) & previously Proforged (acq by Huron Capital), future-enthusiast, occasional blogger, all-around nerd.

Boulder, CO
zackkanter.com
Joined January 2012

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    Zack Kanter‏Verified account @zackkanter 24 Mar 2018
    • Report Tweet

    Zack Kanter Retweeted Sam Altman

    ‘Raise money’ is an unfortunate euphemism. You’re selling a piece of the biz. 3 good reasons to sell: 1-It’s substantially overpriced (would gladly sell whole biz at price). 2-Need money now to continue ops. 3. Will need money soon & don’t think it’ll be available at this price.https://twitter.com/sama/status/977593111592357892 …

    Zack Kanter added,

    Sam AltmanVerified account @sama
    Startups: although it's become fashionable to raise way more money than you need and not worry too much about the dilution, you'll regret this if you're successful.
    Show this thread
    7:27 PM - 24 Mar 2018
    • 1 Retweet
    • 16 Likes
    • Tim Riser Joe Peters Tom Flanagan Allen Walton Rohun sachi girl Michael Pryor Ravi Neppalli Morgan Davies
    3 replies 1 retweet 16 likes
      1. Spencer Wright‏ @pencerw 24 Mar 2018
        • Report Tweet
        Replying to @zackkanter

        👏🏻 That number one tho 🤭

        0 replies 0 retweets 1 like
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      1. Roy E. Bahat‏Verified account @roybahat 25 Mar 2018
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        Replying to @zackkanter

        The very phrase is money's marketing. I like to say our fund sells money. In which case founders are buying money, I suppose...

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      1. Trace Cohen‏ @Trace_Cohen 25 Mar 2018
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        Replying to @zackkanter

        Hopefully it’s more “investor raising” than anything.

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