Funding is worth taking when you want to trade additional risk for potentially larger gains. Talking of the “startup lottery” is not so far off the mark. Investment is a bit like gambling. When you raise funds, you take on a larger risk, both personally and on behalf of the company, in exchange for a potentially larger return. via Investment increases your risk
Daniel Tenner shares why fund raising increases risk and why first-time founders should not take investments. This is an interesting read, if you are considering between bootstrapping and raising funding.