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Colin Johnson pfp
Colin Johnson
@cojo.eth
It’s hard to recognize - and risky to exit - a local maxima. It’s also crucial to be willing to.
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SydneyJason
@sydneyjason
In several startups I worked, we would take fundraising periods as a chance to explore a new round of finance OR a sale. You get to the top of that local maxima and evaluate options. *Sometimes* better to sell/be acquired than look for a global; markets and meta may change and you get diluted…
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Colin Johnson
@cojo.eth
Having the sell option is always nice 🙃. But even before reaching that point, there’s potential to get stuck by having just enough success to be “comfortable”. Gotta avoid that longing for comfort.
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