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> Are you taking funding for the sake of taking funding, or do you actually need the money? "Needing the money" probably needs to be defined here. If you're g
by PMan74 13y ago
> Are you taking funding for the sake of taking funding, or do you actually need the money?
"Needing the money" probably needs to be defined here. If you're going to the VCs because you "need the money" as in the lights will go out pretty soon, unbutton your slacks and bend over because you are in no position to negotiate.
On the other hand if you "need the money" because, in spite of the fact that your runway looks very very healthy, you can foresee a point well down the line where you will actually need the money then that's a much better scenario to be going to a VC.