Is that a rhetorical question, or aimed at me specifically?
Regardless, in my case, it's not my first rodeo; I didn't give up any board seats or majority control. I mostly raised from angels that I know personally and trust me. And we're a high-margin B2B business (apparently similar in those limited respects to Quickwit) so I don't feel particularly capital constrained without raising additional rounds.
So I don't have a board pushing me for "valuation events."
But I am very familiar with this toxic dynamic from my previous experience.
Comments
You're a founder who raised seed and now appear to be hitting PMF and making repeatable sales, won't you raise A to scale?
Is that a rhetorical question, or aimed at me specifically?
Regardless, in my case, it's not my first rodeo; I didn't give up any board seats or majority control. I mostly raised from angels that I know personally and trust me. And we're a high-margin B2B business (apparently similar in those limited respects to Quickwit) so I don't feel particularly capital constrained without raising additional rounds.
So I don't have a board pushing me for "valuation events." But I am very familiar with this toxic dynamic from my previous experience.