Founders

Founders are worried about losing to competitors who raised more money. In actuality I’ve only seen counter-examples:

Tensor beat magic Eden with 2 orders of mag less $.

Solana beat other L1s with 2 order of mag less.

Jupiter raised 0, all VCs passed.

Less money = more sense of urgency more chip on the shoulder.

What does it mean to raise money.
Does private token sale count as that if yes i thought Jupiter did sth like that to bootstrap initial development

Targeting collective consciousness, web3 enjoyoor

I think in this context it means taking venture capital.