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by MateuszMucha 4094 days ago
Thanks. While I agree for the most part, I do think that raising money is an important validation. Often you hear about a project you wouldn't even consider interesting, but when it's accompanied by "raised X MM from Y", your perception changes.

Also, it's that head-turning thing. They say "we raised X" and you start listening. I had something similar with my downloads count. Honestly, I didn't think 1 million is all that special, but over time I learned I should start most of my pitches with. People just start to listen.

1 comments

Yeah and I'm not saying it's a bad choice. I just think too many people put so much importance on whether or not a company raised money as a measurement of success. When the reality is many companies can do it on their own, control complete ownership, and still achieve a level of success that many companies that raise money see. It's really just based on where your company is headed and whether or not you're eyeing an exit for your company. If you are looking to sell, be acquired, or go IPO then raising funds makes complete sense.