The Real Point of Raising Money
“The point is to raise the least amount of money impossible and have the biggest exit.”
Transcript
necessarily need the best of the best conditions to be better. How does that track back to how you think about investing, how you think about founders, how you think about entrepreneurship? Yeah, I think, and not to type things back to biking, but I do think constraints force clarity on what actually matters, you know, you're at the top of that hill and all you've got is yourself a new bike and you're
like, you know, shittikus, and all that matters is getting, getting through it and I think capital efficiency isn't just about saving money, which obviously is a good thing, but it's about sharpening decision making. I think we've lost the script a little bit, I think, like, this is the point to
raise the least amount of money and then return the most to your shareholders and your investors and your employees. And I feel like, you know, sometimes you have these companies that raise a ton