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NickC25today at 2:18 AM2 repliesview on HN

Uh, that's not "better".

If you have a huge chunk of change sitting around, you've raised too much or too early, and you've successfully diluted yourself for zero reason.

If you actually had a reason to raise a lot of money, you'd do with the money what you promised the investors (who gave you the money) you would.

I've raised before. I raised what I needed. Not a penny more because I didn't need the money.


Replies

carleveretttoday at 3:04 AM

Let’s see:

- 12 months runway - $100k/mo. burn rate - 4% APR

Gives you about $25k interest.

Seems worth it to me.

stackghosttoday at 2:28 AM

I too have raised before.

I'm not saying raising and then buying T-Bills is better than just raising less.

I'm saying if you find yourself with excess cash, you can't just un-raise. In that scenario, then short term T Bills are strictly better than cash.

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