2min chapter

Second Time Founders cover image

E28 Founder Stories - Shyp’s failure v2 - refusing $13M secondary and private jets

Second Time Founders

CHAPTER

How to Raise More Money With Venture Capital

At the time you mentioned the last episode, you just threw out half a million dollars. Was there actually somebody making half amillion dollars a year in your business? Yeah, with a bonus. Wow. I think there was a guaranteed bonus too. And also, this is how bad it got. Like, we're burning like up to two million bucks a month. It doesn't matter. But it's so much waste of money when you have that much venture capital at your disposal.

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