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Saastr

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Dear SaaStr: We Have a Ton of VC Interest But Are Profitable. Should We Still Raise?

  • Consider raising funds if your balance sheet is weak or if your gut feeling suggests a need for it.
  • Raising funds when not necessary can lead to regrets due to more stakeholders, less control, and high expectations.
  • Reasons to raise now include hiring ahead of growth, reducing stress, and taking advantage of valuations.
  • On the other hand, waiting to raise may be suitable if you are already growing fast and are confident in your ability to bootstrap.

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