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by wensing 4222 days ago
This resonates. We raised just under $2m through a seed round and then were fortunate enough to be able to raise a bridge that deferred any crunch. But then we did 2 other things: we focused our sales, marketing, and product design on the greatest pain within a single industry (instead of 3) and we reduced expenses. Now growth is great and we are very close to being able to say that raising money is completely optional indefinitely, and no matter what investors do or don't decide, we will be fine. A wonderful feeling but the challenge to get to that next level has also been nearly inexplicable. Great post-mortem.