Raising Multiple Rounds of Venture Capital Might Be Wrong for Your Startup
SecurityPal AI founder and CEO Pukar Hamal faced a crisis in 2022 when interest rates rose and the venture capital market crashed. He had to cut costs and lay off employees, realizing that raising more capital would come with higher expectations and loss of control. He decided to avoid multiple rounds of venture capital and focus on sustainable growth. SecurityPal uses AI to speed up enterprise security due diligence, helping companies save money and close deals faster. The company has big-name customers like Airtable, Figma, LangChain, and Grammarly. Hamal believes that sustainable growth is better than fast sales, even if it means limited sales.