In 2018, the flight crew of the private plane Adam Neumann rented for a trip to Israel found a sizable chunk of drugs in cereal boxes.
After this event, WeWork acquired a Gulfstream G650 for $60 million.
I wonder why WeWork was still in losses 😏
How Much Should You Raise at Idea Stage?
Most founders either raise too little or too much. Here’s a simple mental model 👇
🔸 Don’t raise for 18 months
You’re not scaling - you’re validating
🔸 Don’t raise based on “runway”
Raise based on milesto
Keith Rabois: “I tell founders not to worry about runway. Worry about lift.”
Runway (money/time left) is just a tool to achieve lift (traction & growth).
But if extra runway doesn’t help you hit traction, it’s useless.
Don’t raise funds just to “
᠅ Founder Tip: Don’t raise money just because you can
Raising money isn’t a milestone. It’s a trade. And most founders underestimate what they’re giving up.
Here’s what to think through before taking VC money:
1. It’s not free—it’s fuel with expec