Sitemap
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.

Aaron Dinin, PhD
Aaron Dinin, PhD

Written by Aaron Dinin, PhD

I teach entrepreneurship at Duke. Software Engineer. PhD in English. I write about the mistakes entrepreneurs make since I’ve made plenty. More @ aarondinin.com

No responses yet