The founder of SaaStr Jason Lemkin wrote a pretty good article that can help you think about this decision https://www.saastr.com/the-10x-rule-what-raising-1-o

The founder of SaaStr Jason Lemkin wrote a pretty good article that can help you think about this decision https://www.saastr.com/the-10x-rule-what-raising-1-of-venture-capital-really-means/ https://www.saastr.com/the-10x-rule-what-raising-1-of-ventur... The immediate impact is that that MRR that you have is no longer eligible for dividend payment. Expectation will be that you reinvest all income for growth until you exit (acq, IPO). On the positive side, you’ll get to explore how big your idea can really become. And with much less worries about immediate cashflows than you otherwise would have if you were to grow your headcount. tldr; think big or enjoy your small scale success. (As others have pointed out, absolutely nothing wrong with the latter.)