Chapter
The Pressure to Raise Capital as an Entrepreneur
42:45 - 48:39 (05:54)
In this podcast transcript, the speaker discusses the pressure that entrepreneurs feel to maintain positivity and present a rosy image to investors and the public, even when things are not going according to plan. They also highlight the increasing difficulty of raising capital with each successive round of funding.
Clips
When raising money for a startup, entrepreneurs can be tempted to overstate the positives and downplay the negatives, which can lead to a false sense of reality.
42:45 - 48:39 (05:54)
startup
Summary
When raising money for a startup, entrepreneurs can be tempted to overstate the positives and downplay the negatives, which can lead to a false sense of reality. Each subsequent round of funding becomes increasingly difficult to secure.