Back to Anthony Eden, Founder and CEO of DNSimple, with Anthony Eden.
Why Did a Hawaii Mentor Want Five Bucks Per Dollar?
A mentor in Hawaii gave the rule early on: do not raise money unless one dollar can turn into five. Other people's money is not for building a product or buying equipment. Capital is for making more money.
A channel that returns five bucks for a dollar in is worth spending on until the channel is used up. Profit from customers is itself an investment in the work, and many cases call for a little money or no money at all.