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For sure most fund raises are on the basis of hockey stick go big or go home. It’s a moonshot and if you get stuck in orbit and cannot escape the pull of gravit
by simonswords82 4y ago
For sure most fund raises are on the basis of hockey stick go big or go home. It’s a moonshot and if you get stuck in orbit and cannot escape the pull of gravity you’ll burn fuel until you re enter the atmosphere…usually breaking up in the process.
At which point your business might be sold at garage sale prices. Or restructured with the C suite removed in the process. It’s just brutal.
We bootstrapped over 15 years (not a typo) and for sure can survive the next two years without issue which I’m very thankful for.
I love your idea of trying to find a balance but investors will need to be much more patient than they have been historically. Most won’t wait a year or two for return which means they are fantastically short sighted.