James Hirschfeld: Excess early capital often causes startups to fund wrong strategies
James Hirschfeld · Paperless Post: James and Alexa Hirschfeld · Oct 7, 2024 · at 49:33
James Hirschfeld, co-founder and CEO of Paperless Post, reflects on the pitfalls of raising a $25 million funding round in 2014.
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“The thing about having a lot of capital When you're a small company is that you can put it behind the wrong strategy and you don't, you lose touch with the practical reality of the business.”
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