Startup Fundraising
Example · Board of 3Should I raise a seed now at $8M post or wait 6 months for traction and aim for $15M?
Chief of staff
This one needs a board: The CFO, The Investor and The CEO. The CFO pressure-tests unit economics, runway, and capital allocation. Each researches alone first, then they react to one another — and on a decision, two of them take opposed sides.
The CFOFinancial Controller
The InvestorVC Partner
The CEOChief Executive Officer

Asked first
Is the money for this already in the bank, or still promised?
In the bankPromisedNot yet
The board’s call
Raise now, but raise less than offered — target 18 months runway at the new burn, not 36.
More money triggers higher burn, not more careful spending — keep the round honest. Operator angels who've sold to your buyer are worth more than a brand-name fund without that pattern.

The CEO disagreed
“Tier-one investors don't forget — say no carefully and stay in touch”
Board of 3 · up to 135 credits on the card · an example, not a recorded run









