Barr: Taking venture capital too early puts startups on an aggressive funding timer
Jeremy Barr · Turn Your Self Audio Down and Watch Everything Change · Dec 5, 2023 · at 29:22
Jeremy Barr discusses the structural traps of taking institutional venture capital before finding product-market fit on the podcast We Live to Build.
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“The problem is in application, when you're given money too early before you maybe got your product market fit or other key customer listening metrics you are then trying to accelerate, because once you give the money, it's a timer. You have to get a return on that money from a C, from a pre-seed to a seed, from a seed to series A to series B, all the way out to IPO, right? So you're then on a timer once that money starts.”
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