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One of the reasons to raise money is a social one where it gives you a sort of credential that is very useful. I can still, to this day, go into a room and say 'Hey, I raised money from Naval [Ravikant], Max Levchin, Kleiner Perkins, Chris Sacca, First Round,' and people will take me seriously for
that.
Sahil Lavingia
Raising Venture Capital Gives Founders Like Sahil Lavingia Credential
#98 Sahil Lavingia: Observing the Present
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