I’m meeting one too many founders who think the money spigot will magically flow and the next round will happen no matter what.. Capital is a weapon for acceleration. Used well you’re unbeatable. If you are so dependent on it, a simple downturn can lead to not so great consequences. If you don’t believe me, a simple prompt asking for this history will suffice. So been sharing this with a lot of the founders we advise: figure out the default path that ensures the survival of your company and a great self fulfilling business. And then figure out scenarios where abundant (or lack of) capital and what it does to your business. The only constant is change and we don’t know how capital markets evolve in the next 6-18 months!