In the frenzy of building a startup, there are plenty of places where you need to slow down. Your search for product-market fit is where you need to speed up.
You may have a difficult choice to make – a lower valuation or more structure on your cap table. It’s critical that you understand two things.
There are four common pitfalls entrepreneurs fall into while raising venture capital. Here are a few tips on how to avoid them.
Startups, and downhill mountain biking, are inherently risky. You can improve your odds by taking a thoughtful approach throughout your journey.
Issue #5: Founders who raise capital in difficult conditions must not fear the down round. It can be a worthwhile tradeoff to keep your startup alive.
Issue #4: Even as you hit your key milestones and carefully manage your runway, events outside your control constantly move the goalposts.