4 ms·

To compete with rival overfunded startups.

• guidoism 6y ago
  I mean, yeah, sure. But if solving a problem is your goal, not "being number 1" or whatever then who cares about your competition. You are (hopefully) in competition against problems and reality, not other companies.
  • kapp_in_life 6y ago
    Sure, but if you're solving the same(or at least somewhat similar) problem to another company, the one with more resources absolute has an advantage and will probably in the long term edge you out by having more features or sniping your prospects with better marketing or any of the other things you can do when you have a large war chest.
    • imtringued 6y ago
      A well funded competitor could simply acquire your company if it truly has a superior product.