VCs push founders to take excess capital just to deploy their funds
Bridget Harris · Fireside chat with Bridget Harris and Alex Theuma - How to take care of business: 5 lessons in bootstrapping to $5m ARR · May 31, 2023 · at 20:24
Bridget Harris, co-founder of YouCanBook.me, discusses VC fund mechanics and alignment between investors and bootstrapped founders at SaaStock.
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“VCs try to give you too much money because they're basically trying to run down the fund. They're trying to write big checks. If they tell you they're going to give you a million, they're going to try to make you take five million because they're just basically, you know, their objectives are different to yours.”
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