Why Would a Profitable Bootstrap Business Still Want to Raise Venture Funding

In Dave's case, his company had gone through some ups and down which required cutting their burn, and restructuring the team. It was particularly painful one day when one of their largest customers called and put the deal on hold. They had to furlow some employees and fight to keep their business. It all worked out at the end, but that's when Dave realized it was a good idea to raise venture, enabling the company to grow and to weather the storms.