Smash Notes

Should You Raise a Lot of Money or Bootstrap to Profitability

at 13:56

From the episode: Startup Lessons from Serial Entrepreneur Justin Kan

Answer

When you have a ton of money, you spend a ton of money, so that's not always the right choice for your company. In the execution risk business it is however important to deliver value fast and to assure the clients that the company would be around for a long time. Given the nature of Atrium business, it was also beneficial to have a lot of venture capitalists on board, since all of them needed legal help for their companies, Atrium was set to become the company of choice.

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