Autonomy is an underrated luxury. Somehow, investors have convinced entrepreneurs that working 80 hour weeks to make money for them is PRESTIGIOUS. More so than personal wealth creation. More so than family, relationships, health and wellbeing.
For those of you rushing to raise venture capital with a deck of slides or a minimum viable product, let me offer you a challenge: How can you get to a $20 million pre-money valuation in Series A, raise $5 million, and keep control of 80% of the equity?