Raising multiple rounds of venture capital might be wrong for your startup

The article discusses the potential drawbacks of startups raising multiple rounds of venture capital (VC) funding. It features the story of SecurityPal founder Pukar Hamal, who has chosen a different path for his startup. The article suggests that some startups might be better off becoming self-sustaining instead of relying on VC money. Hamal argues that raising too much VC funding can lead to unrealistic growth expectations, dilution of ownership, and pressure to prioritize investor returns over long-term sustainability. Hamal's approach has been to bootstrap his startup, focusing on profitability and organic growth rather than rapid expansion fueled by VC funds. He believes this strategy has allowed him to maintain control over the company's direction and build a more sustainable business. The article presents Hamal's experience as an alternative to the traditional VC-backed startup model, encouraging founders to consider their options and choose a path that aligns with their long-term goals and values.