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>Don't raise money unless you want it and it wants you. The context is that when you're in Silicon Valley, the upside is you have lots of people that understan
by iamwil 8y ago
>Don't raise money unless you want it and it wants you.
The context is that when you're in Silicon Valley, the upside is you have lots of people that understand what you're trying to do, and a support network that helps you do what you're afraid to admit to yourself that you're capable of. The downside is it's easy to do what all your friends are doing.
If you see your friends raising, you might feel compelled to raise as well. Some people jump in without really thinking it through.
Reality is, money comes with strings and expectations. Too many people raise without understanding what that is, and suffer the consequences when they put their sweat and tears into their company.