Episode description
In today’s Startup Therapy Podcast, Wil and Ryan talk about the cost of raising a capital. Yes, additional funding is a good sign of progress, it’s a sign that the company has potential to grow because people invested money in it. Yes, it is a milestone most founders want to achieve. The downside, however, is that you are no longer alone when making decisions. You are no longer the owner. You become another ‘employee’.
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Resources:
- Startup Therapy Podcast
- https://www.startups.com/begin
- Join our Network of Top Founders
- Check in with us on LinkedIn | Wil Schroter | Ryan Rutan
What to Listen For
- 00:00 Intro
- 00:53 Challenging the common narrative of raising funds
- 03:32 What are you giving up when you raise funding?
- 08:57 When the founder doesn’t feel comfortable
- 13:02 Investors will defend their money first above anything else
- 17:10 It’s not our company anymore
- 23:09 The only positive side of raising capital