[patrickryan]

TLDR

"...this doesn’t provide the sort of certainty I know founders want in answering the question of when to raise. However, I think that knowing that there is no clean answer is important because it provides a framework for thinking through the relative advantages you have when thinking about a raise."

[connoredel]

In my experience, finding a framework when you're searching for a solution is not a consolation prize. When the consolation prize is the only prize, it feels like the first place trophy -- and it is, at that time. The solution doesn't actually exist yet, but now you have the tool to find it.

About a year ago, I had this inescapable feeling that I was spending my time poorly (not daily productivity but on a larger scale), and it was causing me a lot of anxiety. Then I read How Will You Measure Your Life? by Clayton Christensen. I walked away with a framework for finding out what I want to be productive towards, even though that thing -- whatever it is -- was no more clear to me. My anxiety disappeared, which is what I wanted all along!