When all you have is a hammer, everything's a nail. And so if what you know is money, the solutions usually involve money. So raising more money, spending more money, throwing money at the problem,. Hey, Dalton, your pre-product market fit. Do you have five year financial projections? You thought it's a great example of that. Which projections may be a good idea later stage. Yes. But to even ask me if I had financial projections, I was like, what's the financial projection? Like Michael, how many years did you start? Do you learn what a balance sheet and shit was? Long time. Actually, and I resisted it. I resisted it
Dalton Caldwell and Michael Seibel on common pitfalls in the advice from different types of investors and why you, the founder, are ultimately responsible for the success of your company.
Apply to Y Combinator: https://www.ycombinator.com/apply/