I’ve been swamped with #linkedin #DMs recently from #startups looking to raise angel funds!
And it’s heartbreaking to read the desperation & hope in some of those messages!
And while I know that they believe that fund-raising will solve their problems, I am living proof...
(1/n)

...that it merely postpones the inevitable…

So here’s something I wrote long ago which remains true, even more so now...

"I personally believe that for most founders, fund-raising is about 2 things – survival and validation.

Ok, that’s pretty much everything!
(2/n)

But we have been a boot-strapped startup for the 1st two years of our 5-year life.

And I can tell you that – like poverty – the initial experience (read trauma) of boot-strapping never really fades from your mind.

No matter how much money you raise.
(3/n)

So when we raised our seed round & finally had access to funds to scale , I was so sure that life would be so much easier.
That since we now had money to spend, we would be able to do everything.
And do everything that we had wanted to but couldn’t!
Right !!!”
(4/n)

Link to blog in the comments, if you’d like to read more!
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Hit Like if you agree!

#startup
#founder
#entrepreneur
#entrepreneurship
#funding https://ritu.io/fund-raising/