[mmaunder]

For investors, time value of money is more important than lowering the risk profile of the portfolio. Also growth is easy to sell to other investors including retail on IPO. And it sexes up the whole portfolio with brand recognition. So get big fast is the accepted 'wisdom'.

Really depends if your building a growth engine vs job creation machine vs small cash generator - that will dictate your approach to growing and funding and of course exit, or not.