Gal: Raising venture capital can accelerate startups in the wrong direction
Jordan Gal · Episode 549 | Hiring vs. Outsourcing, E-commerce SaaS, and More Listener Questions with Jordan Gal · May 11, 2021 · at 19:39
Jordan Gal discusses how large funding rounds can distort startup execution and lead to premature spending.
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“Money can accelerate in the wrong direction also, which is something that we're seeing at my new company. We have competitors that are raising a ton of money, some that are good at what they do, and some that the money has twisted up their approach because it's almost like they're spending Before they really understand the customer.”
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