It's always a good idea to be skeptical of someone making claims you need lots of capital to rapidly scale your business when that person is selling capital for a living.
I'd make the follow small modification to the parent's quote:
I's always a good idea to be skeptical of someone making claims you should raise lots of capital to rapidly scale your business today or in the near term, as opposed to other strategic alternatives when that person is selling capital for a living.
benj111|6 years ago
If you're a company and want to expand you either use your profits, or borrow money, the more money you borrow, the more widget machines you can buy.
The open question is how big you should grow before demonstrating profitability.
bsbechtel|6 years ago
airstrike|6 years ago
I's always a good idea to be skeptical of someone making claims you should raise lots of capital to rapidly scale your business today or in the near term, as opposed to other strategic alternatives when that person is selling capital for a living.
jppope|6 years ago