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The only thing you need is traction. You're only saying that because you've never tried raising funding for a company with traction. But except for very rare e
by badclient 13y ago
The only thing you need is traction.
You're only saying that because you've never tried raising funding for a company with traction. But except for very rare exceptions, even when you have traction there are a whole new set of questions about the nature of the traction.
- wellboy 13y agoSure, not all startups that have traction will get funding. The point I wanted to make was that there are just so many startups that got funding because of traction, but that have such a low scalability. I always think to myself when I see read these stories: "Dude, this can be worth $50M/a 10x return max. Blinded by traction again."