There are also legitimate reasons to be ashamed of it. Expansion capital aside, a pre-revenue funding round is an admission of failure. Failure to convince yo

There are also legitimate reasons to be ashamed of it. Expansion capital aside, a pre-revenue funding round is an admission of failure. Failure to convince your team to bootstrap a prototype, failure to build a product/service that's profitable right out of the gate, failure to "convince" by your product performance alone.