Fundraising and celebration is a related phenomena. I've sometimes noticed a lot of young first-time founders throw parties and celebrate having (investor) cash

Fundraising and celebration is a related phenomena. I've sometimes noticed a lot of young first-time founders throw parties and celebrate having (investor) cash in the bank. Seems like folks with more experience tend to treat a successful fundraise as more of somebody else's money that you have to give back, and instead celebrate what they get done with that cash.