Raising capital with under a year of runway destroys founder leverage
Leore Avidar · 20VC: 2 Levers To Fundraising: FOMO & Leverage and How To Use Them, How To Implement "A Sustainable Growth Mindset" & How To Put VCs To Work For You with Leore Avidar @ Lob · Mar 9, 2018 · at 11:47
Leore Avidar, founder and CEO of Lob, advises founders on when to start fundraising to maintain negotiating leverage against venture capitalists.
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“When it gets to under a year, you're putting yourself in a position where you can't say no to any term.”
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