I was recently with a friend who has been a seed investor for the good part of the last decade.
50% of these are only clear in hindsight and for founders the existential risk of running out of money trumps all the other issues
Fair point on hindsight bias. I also discounted under what circumstances a founder is actually able to raise different amounts.
50% of these are only clear in hindsight and for founders the existential risk of running out of money trumps all the other issues
Fair point on hindsight bias. I also discounted under what circumstances a founder is actually able to raise different amounts.