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Comment by Solvency
This is the cold truth. The entire process of raising money in the modern software world has nothing to do with creating a better product and business specifically. It's simply the de facto step-by-step playbook process one follows if one is an entrepreneur with the eventual become very rich. There is nothing novel, innovative, or remotely surprising about this process. It is well defined, well established, and simply how business is done. Every single person looking to build a company for the purposes of becoming rich should adhere religiously to this playbook. It's a cold, hard, transactional fact of life. Whether or not the product is good and fair and honest is largely an independent variable to this basic playbook process.