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Why Not To Take A Big VC Round Of Funding?
By siliconindia
Redefine Success
Achieving a huge round of funding in the initial stage is no doubt a big achievement. Having lot of money in the bank is more dangerous than having no money. It sometimes leads the entrepreneur to go from being frugal and scrapping to sloppy and frivolous. Also, there arises a chance of moving too aggressively too soon. They should remember that scaling such as customer acquisition, fulfillment, support and research and development, costs money. It is important to raise the fund according to the appetite and always keep it increasing.
