Why Does a Big Funding Round Slow Down Your Pace of Innovation?
“Why can’t we build it faster?!”
I’ve never met an entrepreneur in the software field who doesn’t ask themselves that question daily. For a lot of the past few years, I had an excuse: the constraint of capital. But, since April (when we raised $18mm), that argument’s invalidated. There’s an excess of cash on the balance sheet, and yet, from…