Dec 20, 2021
This is a common misconception. Fundraising (at least at the VC level) is to scale an already-working process that could be bigger/faster/more successful but is resource-constrained.
For example, maybe you’re profitable with 3 salespeople, but your profits aren’t enough to hire a team of 10 salespeople and five marketers. So you fundraise in order to have the money to hire those people and scale more quickly.