ANGEL: Upfront’s Mark Suster on the power of alignment, setting reality, and raising capital | E1683
This Week in Startups
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Are You Writing a Check to Fix Your Ownership?
Mark O'Mara: The conversation I normally have with people goes like this. You're burning $1.2 million a month, and your next round would probably be at 30 to 40 posts. So what's going to happen? Either you're going to run out of cash trying to raise or people are going to cram you down. And so how do you square this circle? What we decided was we would get religiously focused on just one investment thesis per partner.
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