It's so weird to me that when some people talk about successful investments they have made, they use x amount raised as the key metric ex. "Stacy is a prolific angel investor and has backed Webflow ($215M raised)" $ raised 🚫= success
in fact it might mean less direct success for Stacy specifically
My favorite investment has raised less than $5M, and they will possibly never need to raise again
louder for the ones in the back
Wait, what about WeWork and FTX? Those were the best investments ever made in the history of ever.
Raising money is just the first step, Erica! Ultimately, success is about building a thriving business with a positive impact. It's about creating something lasting and meaningful, not just chasing a big number.
I celebrate profitability and great exits.
yeah!!!!!!
Partner at Setfive Consulting
1moLots of angel investors quietly deleting "Bird ($1B)" from their profiles after this post