Siroker: Limitless raised from hundreds of investors, hindering competitors
Dan Siroker · Dan Siroker: Second-Time Founders Are More Investable & Why Not To Hire People Out of College |E1153 · 20VC with Harry Stebbings · May 15, 2024 · at 52:17
Dan Siroker is the founder and CEO of Limitless. He describes how bringing on hundreds of investors in Limitless's funding round created conflict-of-interest barriers for competing startups.
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“One of the benefits side, unintended side benefits of the round we raised I do think kind of made everyone else's job. Who's a founder trying to compete with us much, much harder because first of all, we had hundreds of investors.”
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