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69 propositions

65 inferences

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Claim

A startup will be in a much stronger position if it can make it to profitability without raising any additional money




Arguments

If it is true that...

Assume the money you raise in phase 2 will be the last you ever raise

Then it must be true that...

A startup will be in a much stronger position if it can make it to profitability without raising any additional money


Consequences

If it is true that...

A startup will be in a much stronger position if it can make it to profitability without raising any additional money

Then it must be true that...

The real test of a startup's success is revenue, not fundraising

If it is true that...

A startup will be in a much stronger position if it can make it to profitability without raising any additional money

and

The real test of a startup's success is revenue, not fundraising

Then it must be true that...

Fundraising is not what will make your company successful