I’m an angel investor, but you probably shouldn’t take my money

Investment is a burden as much as an opportunity. Court it at your peril.

Open the tech press and you read a litany of “success” stories:

  • DocuSign Doubles Valuation to $3 Billion with $233 Million
  • RaiseInstacart Valued at $2 Billion in New $220 Million
  • FundraisingTwilio Has Joined the Unicorn Ranks with Stealthy $100 Million Raise

The numbers are big, the companies sound sexy.

This is success, right? Wrong. The idea that raising investment is a mark of success—and a badge of honor—destroys startups.

Investment is a burden as much as an opportunity.

It increases the pressure, corrupts your incentives, and creates a communications minefield. Court it at your peril.

Source: I’m an angel investor, but you probably shouldn’t take my money – Business Insider