Too Long; Didn't Read
Early-stage <a href="https://hackernoon.com/tagged/startup" target="_blank">startup</a> founders must’ve often heard from investors/advisors to build <a href="https://hackernoon.com/tagged/runway" target="_blank">runway</a> for at least 18 months when fundraising. Yet, quite a few founders plan for much less. “We will raise Series A in 9–12 months” is a risky strategy, usually driven by an attempt to limit dilution.