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by Rastonbury 526 days ago
You're a founder who raised seed and now appear to be hitting PMF and making repeatable sales, won't you raise A to scale?
1 comments

Is that a rhetorical question, or aimed at me specifically?

Regardless, in my case, it's not my first rodeo; I didn't give up any board seats or majority control. I mostly raised from angels that I know personally and trust me. And we're a high-margin B2B business (apparently similar in those limited respects to Quickwit) so I don't feel particularly capital constrained without raising additional rounds.

So I don't have a board pushing me for "valuation events." But I am very familiar with this toxic dynamic from my previous experience.