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Cameron Armstrong
@cameron
What did you wait too long to do in your startup? What did you do too soon? I’m trying to make better decisions this week 🫡
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Snibb123.eth
@snibb123
I help advise a startup and they went to fundraise too soon without enough DAUs. They waited too long to ship changes to the app that would grow, or at least hold steady, the number of users so they could then focus on raising.
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Cameron Armstrong
@cameron
oof - so they didn’t need to fundraise?
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Snibb123.eth
@snibb123
I think it was a little bit of a chicken and egg problem, if I’m being honest. They definitely have something worth exploring, but need funds to flesh it out further (hire/rehire engineers, etc.) To get funds though, they need to flesh it out more. Partly it was bad timing because they launched into the bear.
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