Pmarchive · How much funding is too little? Too much?

It takes enormous discipline to NOT try to scale something that's working. But some things just don't scale -- and trying to do so can destroy the golden goose in the process. Many entrepreneurially minded people can't help themselves from trying.

When fundraising, it’s important to raise just the right amount. As Katrina Lake has pointed out, raise too much and the freedom to allocate resources to every project and idea could distract the management team from understanding the real issues that are blocking growth in the core business. Raise too little and the constraints could put undue pre

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The classic way to burn through cash is by hiring a lot of people.

This bites you twice: in addition to increasing your costs, it slows

you down—so money that's getting consumed faster has to last

longer. Most hackers understand why that happens; Fred Brooks

explained it in The Mythical Man-Month.We have three general suggestions about hiring: (a) don'... See more