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S7 E11: An SMS Marketing Masterclass with Postscript Co-Founder Alex Beller
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Investors are good for money but can vary in their impact
Investors are primarily beneficial for providing money, as emphasized by Y Combinator, however, their impact can vary. Some investors can hinder progress by micromanaging and slowing down the business, while others can be supportive and even proactively add value to the company. Y Combinator's advice to early stage founders is to focus on working on their business instead of spending excessive time fundraising, acknowledging that while the emphasis on money is true, the nuances of investor involvement can significantly impact a startup's growth.
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