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A comment on Now live for all: Substack Notes. Parent comment

Re:Now live for all: Substack Notes by reducesuffering on Tuesday April 11, 2023 @05:36PM (#35531930)
> The twist is that this game isn't only for 1 round. Once you take your company into this game, you're stuck in it — you'll have to keep fundraising to keep fueling the growth that you've kickstarted using external capital.

Why? What stops you from raising a $15m series A and only burning it conservatively until you hit neutral profitability. Investors only have 15-25% of your cap table and can't strong-arm you.

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Re:Now live for all: Substack Notes by quickthrower2 on Tuesday April 11, 2023 @06:09PM (#35532284)
You would have had to mislead them right? Why would they give $15m to use slowly when they can give $15m to a company that will use it quick, assuming both companies are using it in a +EV way?
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