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69 propositions

65 inferences

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Claim

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




Arguments

If it is true that...

The danger of behaving arrogantly is greatest when you're doing well

and

Investors who reject you are some of your warmest leads for future fundraising

Then it must be true that...

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


Consequences

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

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...

Fundraising is not what will make you successful, it's just a means to an end