Newman doesn’t understand why a start-up wouldn’t raise some extra capital for a buffer. Victor explains his view and points Newman to a post by Mark Suster of Upfront Ventures.
Why Raising Too Much Money Can Harm Your Startup by Mark Suster of Upfront Ventures
Not So Fast! Nag Palavalli on the Perils of Easy Capital Raising from Venture Capital Coroner’s Report (my retired podcast)
Bonus Content – More About Mark Suster
How he describes himself: “2x entrepreneur. Sold both companies (last to salesforce.com). Turned VC looking to invest in passionate entrepreneurs”