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A comment on AI OSS tool repo goes archived over night after raising $7.3M Seed. Parent comment

Re:AI OSS tool repo goes archived over night after raising $... by whateveracct on Saturday June 13, 2026 @11:24AM (#48518193)
if you hire 20 engineers with your seed round you are either very confident you'll be able to use them to justify another raise soon

or you're incompetent

[ Parent | on HN ]
Re:AI OSS tool repo goes archived over night after raising $... by swiftcoder on Saturday June 13, 2026 @11:37AM (#48518318)
> very confident you'll be able to use them to justify another raise soon

That is indeed how the VC funding game is played. If you don't raise another round, you are dead anyway, so you spend down your seed round to try and justify that following round...

[ Parent | on HN ]