I’ve learned that glorifying money raising is a massive mistake
This, in my opinion, is what the metaphor of not reading TechCrunch stands in for. Each article celebrating a round of fundraising has a backstory about an entrepreneur who has less ownership of their company. Often that backstory is that they have less or even no control.
Jobs took outside funding. Gates did not. Both acted like jerks in the 80's. But nobody could fire Gates because nobody had the shares to bring in an outside CEO to Microsoft.
Fundraising is a two edged sword. It should often be accompanied by both congratulations and condolances.
This, in my opinion, is what the metaphor of not reading TechCrunch stands in for. Each article celebrating a round of fundraising has a backstory about an entrepreneur who has less ownership of their company. Often that backstory is that they have less or even no control.
Jobs took outside funding. Gates did not. Both acted like jerks in the 80's. But nobody could fire Gates because nobody had the shares to bring in an outside CEO to Microsoft.
Fundraising is a two edged sword. It should often be accompanied by both congratulations and condolances.