If you have multiple founders, pick one to handle fundraising so the other(s) can keep working on the company
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Argument #152a7d3e 1 0 2
If it is true that...
If you have multiple founders, pick one to handle fundraising so the other(s) can keep working on the company 1 0 2and
The founder who handles fundraising should be the CEO 1 0 2and
The CEO should be the most formidable of the founders 1 0 2Then it must be true that...
Introducing an investor to your cofounders should only occur when things reach a certain stage of seriousness 1 0 2Mentions
Paul Graham/How to Raise Money
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Fundraising is distracting and can halt other operations in a startup 1 0 2A startup should either be in fundraising mode or not 1 0 2When raising money, a startup should focus its whole attention on it so it can get done quickly and get back to work 1 0 2The founder who handles fundraising should be the CEO 1 0 2Even if there are still one or more founders focusing on the company during fundraising, growth will slow 1 0 2Investors may pressure founders to stop raising money until they commit to them 1 0 2Having one founder take fundraising meetings avoids real-time negotiations 1 0 2Founders who do not leave their current employment before securing funding often find themselves in a difficult situation 1 0 2VCs and C-level execs often lack understanding of how founders should run companies 0 0 2Some delegation is necessary for founders running large companies 0 0 2