[davidu]

This is great advice that has been ignored for the 16 combined years I've been fundraising as an entrepreneur and investing as a VC. No reason it'll change now though hopefully writing about it helps a bit.

One of the great myths in company-building is that increasing runway beyond 24-36 months increases chances of success.

[1cvmask]

Would it have changed outcomes for you as an entrepreneur?

[davidu]

The only thing I wish I had done differently was reduce dilution, which is exactly what Aaron mentions here.