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In reply to @cassie
Matt Lee @mattlee
10/1/2023

True, but I think you have to be pretty out of touch to think too much capital is a common problem for inexperienced founders

In reply to @mattlee
Cassie Heart@cassie
10/1/2023

It isn't typically, but there are plenty of cases where inexperienced founders end up in a down round, which they could have perhaps avoided by taking less capital in the prior round and using said capital with a greater degree of thrift