60. Erik Holm, CFO, Planhat - Bootstrapping to VC funded, when is the timing right for this transition?
The SaaSiest Podcast
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The Importance of Focusing on Your Passion
I heard from other founding teams that have gone through a similar journey where they talk about two things predominantly. It's like when you have limited amount of cash, you only need to spend that on the right thing. So it helps focus. But also what was interesting for us to hear was how they felt that having too much money or suddenly a big influx of money sometimes can affect creativity negatively. Because then as a team, you feel like, well, now I have a big pot of gold here. And I can't really see that. At the same time, I feel like we're still a small company and sometimes I feel like, you know, we're going as fast as we
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