Study these 9 Traps Even Successful Entrepreneurs have fallen for so you Won’t
Companies with traction or ones that are started by a previously successful entrepreneur often get money thrown at them. There are definitely times fundraising makes a lot of sense. It is a common mistake, though, for entrepreneurs to raise a round when their company does not need it. This dilutes their equity. Plus, it can create an influx of capital that they do not know what to do with and add distracting attention.
From our very good friends over at entrepreneur.com