You have a problem, so you decide to raise some money. Now you have two problems. So you hire some people. Now you have three problems.
"Companies don't fail because they didn't work 10% harder, they fail because they work on the wrong things." -@paultoo
total VC ever raised by: Microsoft: $1MM Apple: $3.6MM Intel: $2.5MM Cisco: $2.5MM Google: $25MM Webvan: $441MM Facebook: $2,426MM
from a founder i really respect: "the hardest thing for me to learn was that the market does not care about effort or struggle, only output"