“Too many startups get in the habit of continually raising more and more money, which has the deleterious effect of both pushing out profitability and limiting your exit options. The less rounds of capital you need to raise, the more of your company you get to own.”

Jay Samit is a Silicon Valley entrepreneur and author. He’s best known for guiding tech startups to success as an early investor and advisor, and for writing practical books on innovation and leadership. His work bridges business strategy with accessible insights for founders and executives.