--- title: "Meaning & Key Takeaway of: Startups are constantly raising money…" description: "\"Startups are constantly raising money, sometimes before they have even hired a lawyer.\" — Naval Ravikant" image: "https://sms4smile.com/quotes/i/12e/naval-ravikant-11450_before_startups-are-constantly-raising-money-so_3208262.jpg" --- # Startups are constantly raising money, sometimes before… ![“Startups are constantly raising money, sometimes before they have even hired a lawyer.” quote by Naval Ravikant](https://sms4smile.com/quotes/i/12e/naval-ravikant-11450_before_startups-are-constantly-raising-money-so_3208262.jpg) [Download](https://sms4smile.com/quotes/i/12e/naval-ravikant-11450_before_startups-are-constantly-raising-money-so_3208262.jpg) [Open image](https://sms4smile.com/quotes/i/12e/naval-ravikant-11450_before_startups-are-constantly-raising-money-so_3208262.jpg) > “Startups are constantly raising money, sometimes before they have even hired a lawyer.” [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Startups often secure funding before establishing basic legal safeguards, exposing them to risk. **In simple terms:** Startups raise money before hiring lawyers. Key Takeaway Secure proper legal counsel early. Themes entrepreneurship risk finance Mood cautious analytical Type advisory pragmatic When to use this quote - seed funding - early‑stage startup - founder decisions Key Concepts capital acquisition legal compliance Questions to Reflect On - Are you prioritizing growth over protection? - What legal steps are you postponing? A Different Perspective Rushing money can lead to costly mistakes. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Entrepreneurship](https://sms4smile.com/quotes/about/entrepreneurship/) [Lawyer](https://sms4smile.com/quotes/about/lawyer/) [Money](https://sms4smile.com/quotes/about/money/) [Raising money](https://sms4smile.com/quotes/about/raising-money/) [Startups](https://sms4smile.com/quotes/about/startups/) ## Related quotes > [There are so many startups out there raising money. I don't think this is a bad thing. It's a good thing. Entrepreneurship is in…](https://sms4smile.com/quotes/fred-wilson/there-are-so-many-startups-out-there-raising-money-i-don-t-think-this/) [Fred Wilson](https://sms4smile.com/quotes/author/fred-wilson/) > [In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.](https://sms4smile.com/quotes/john-buchanan-robinson/in-precisely-the-same-way-money-is-often-hired-and-the-hire-paid-for/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [There are a lot of white female-led startups that are raising money without a tech founder. At the core of it is value.](https://sms4smile.com/quotes/kathryn-finney/there-are-a-lot-of-white-female-led-startups-that-are-raising-money/) [Kathryn Finney](https://sms4smile.com/quotes/author/kathryn-finney/) > [Learning is the essential unit of progress for startups.](https://sms4smile.com/quotes/eric-ries/learning-is-the-essential-unit-of-progress-for-startups/) [Eric Ries](https://sms4smile.com/quotes/author/eric-ries/) > [“When it's about your life, it's time to be selfish.”](https://sms4smile.com/quotes/dee-dee-artner/when-it-s-about-your-life-it-s-time-to-be-selfish/) [Dee Dee Artner](https://sms4smile.com/quotes/author/dee-dee-artner/) > [Startups are not the best choice for work-life balance, and that's sort of just the sad reality.](https://sms4smile.com/quotes/sam-altman/startups-are-not-the-best-choice-for-work-life-balance-and-that-s/) [Sam Altman](https://sms4smile.com/quotes/author/sam-altman/) > [“Chase the needs, and you are halfway to entrepreneurship.”](https://sms4smile.com/quotes/jagadish-varadharajan/chase-the-needs-and-you-are-halfway-to-entrepreneurship/) Jagadish Varadharajan > [It's hard to tell with these Internet startups if they're really interested in building companies or if they're just interested in the money. I…](https://sms4smile.com/quotes/steve-jobs/it-s-hard-to-tell-with-these-internet-startups-if-they-re-really/) [Steve Jobs](https://sms4smile.com/quotes/author/steve-jobs/) > [“Zen is not some fancy, special art of living. Our teaching is just to live, always in reality, in its exact sense. To make…](https://sms4smile.com/quotes/shunryu-suzuki/zen-is-not-some-fancy-special-art-of-living-our-teaching-is-just-to/) [Shunryu Suzuki](https://sms4smile.com/quotes/author/shunryu-suzuki/) > [My attitude is there are at least hundreds of interesting startups that are going to get going in every year.](https://sms4smile.com/quotes/david-cohen/my-attitude-is-there-are-at-least-hundreds-of-interesting-startups/) [David Cohen](https://sms4smile.com/quotes/author/david-cohen/) > [The thing that kills startups at some level, is the founders giving up.](https://sms4smile.com/quotes/sam-altman/the-thing-that-kills-startups-at-some-level-is-the-founders-giving-up/) [Sam Altman](https://sms4smile.com/quotes/author/sam-altman/) > [Cool innovation might happen in startups, but they often lack the resources or the deep expertise in the problems they want to address.](https://sms4smile.com/quotes/hilary-mason/cool-innovation-might-happen-in-startups-but-they-often-lack-the/) [Hilary Mason](https://sms4smile.com/quotes/author/hilary-mason/) > [One thing I tell startups all the time is that the best way to grow is to make their product better.](https://sms4smile.com/quotes/sam-altman/one-thing-i-tell-startups-all-the-time-is-that-the-best-way-to-grow/) [Sam Altman](https://sms4smile.com/quotes/author/sam-altman/) > [“Amidst all the hype and hoopla around this business, I wanted to emphasize the challenge—it is seductive but the failure rate is very high.…](https://sms4smile.com/quotes/mahendra-ramsinghani/amidst-all-the-hype-and-hoopla-around-this-business-i-wanted-to/) Mahendra Ramsinghani > [Most startups are not just built for the person who is using them. When you do that, every now and then you get really…](https://sms4smile.com/quotes/emmett-shear/most-startups-are-not-just-built-for-the-person-who-is-using-them/) [Emmett Shear](https://sms4smile.com/quotes/author/emmett-shear/) ## More by Naval Ravikant > [Entrepreneurship is really hard and painful - I'm not sure I'd recommend it for anyone who can't handle the extreme stress.](https://sms4smile.com/quotes/naval-ravikant/entrepreneurship-is-really-hard-and-painful-i-m-not-sure-i-d/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [“A fit body, a calm mind, a house full of love. These things cannot be bought — they must be earned.”](https://sms4smile.com/quotes/naval-ravikant/a-fit-body-a-calm-mind-a-house-full-of-love-these-things-cannot-be/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [“Competing without software is like competing without electricity.”](https://sms4smile.com/quotes/naval-ravikant/competing-without-software-is-like-competing-without-electricity/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Nation states that are used to imposing capital controls will face a quandary: ban cryptocurrencies and live in the technology dustbin; enable them, and…](https://sms4smile.com/quotes/naval-ravikant/nation-states-that-are-used-to-imposing-capital-controls-will-face-a/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Cryptocurrencies are an emergent property of the Internet - almost a fifth protocol in the Internet suite. If Satoshi Nakomoto did not exist, it…](https://sms4smile.com/quotes/naval-ravikant/cryptocurrencies-are-an-emergent-property-of-the-internet-almost-a/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Our model is very, very different to LinkedIn. We only deal with very small companies. We don't have any support for recruiters. In fact,…](https://sms4smile.com/quotes/naval-ravikant/our-model-is-very-very-different-to-linkedin-we-only-deal-with-very/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [I don't like having managers.](https://sms4smile.com/quotes/naval-ravikant/i-don-t-like-having-managers/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [I think almost everything about humans and human civilization is explained better by evolution than anything else.](https://sms4smile.com/quotes/naval-ravikant/i-think-almost-everything-about-humans-and-human-civilization-is/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [One philosophy I have at AngelList is I would rather have someone working on the wrong thing and do it their way and be…](https://sms4smile.com/quotes/naval-ravikant/one-philosophy-i-have-at-angellist-is-i-would-rather-have-someone/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [“I don't actually read a lot of books. I pick up a lot of books and only get through a few, which form the…](https://sms4smile.com/quotes/naval-ravikant/i-don-t-actually-read-a-lot-of-books-i-pick-up-a-lot-of-books-and/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Getting in the middle of financial transactions is a regulatory minefield.](https://sms4smile.com/quotes/naval-ravikant/getting-in-the-middle-of-financial-transactions-is-a-regulatory/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [In an ideal world, you raise a lot of money and then there is a downturn, before you start investing so you get better…](https://sms4smile.com/quotes/naval-ravikant/in-an-ideal-world-you-raise-a-lot-of-money-and-then-there-is-a/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [If you go to a venture firm, what you're doing is you're buying money from them in exchange for equity. They have a commodity…](https://sms4smile.com/quotes/naval-ravikant/if-you-go-to-a-venture-firm-what-you-re-doing-is-you-re-buying-money/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [Startups often want to control the timing of their financing announcement and prefer not to reveal amounts raised for competitive reasons. If more of…](https://sms4smile.com/quotes/naval-ravikant/startups-often-want-to-control-the-timing-of-their-financing/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [We are seeing a lot of cases where the startups are writing the term sheet, dictating the terms, selling common stock instead of preferred…](https://sms4smile.com/quotes/naval-ravikant/we-are-seeing-a-lot-of-cases-where-the-startups-are-writing-the-term/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) [Explore all 60 Naval Ravikant quotes ](https://sms4smile.com/quotes/author/naval-ravikant/) ## More Before quotes > [If you ask an introvert a question, wait until she thinks about it. Introverts think before speaking, not through speaking. 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Now I think my limo driver hates me.](https://sms4smile.com/quotes/ray-romano/you-know-before-i-would-think-my-cab-driver-hates-me-now-i-think-my/) [Ray Romano](https://sms4smile.com/quotes/author/ray-romano/) Browse all 4,123 Before quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Startups are constantly raising money, sometimes before they have even hired a lawyer.", "creator": { "@type": "Person", "name": "Naval Ravikant" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/naval-ravikant/startups-are-constantly-raising-money-sometimes-before-they-have-even/", "about": { "@type": "Thing", "name": "Before" }, "@id": "https://sms4smile.com/quotes/naval-ravikant/startups-are-constantly-raising-money-sometimes-before-they-have-even/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/12e/naval-ravikant-11450_before_startups-are-constantly-raising-money-so_3208262.jpg", "contentUrl": "https://sms4smile.com/quotes/i/12e/naval-ravikant-11450_before_startups-are-constantly-raising-money-so_3208262.jpg", "url": "https://sms4smile.com/quotes/i/12e/naval-ravikant-11450_before_startups-are-constantly-raising-money-so_3208262.jpg", "width": 1080, "height": 1080, "caption": "“Startups are constantly raising money, sometimes before they have even hired a lawyer.” — Naval Ravikant", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Naval Ravikant", "item": "https://sms4smile.com/quotes/author/naval-ravikant/" }, { "@type": "ListItem", "position": 4, "name": "Startups are constantly raising money, sometimes...", "item": "https://sms4smile.com/quotes/naval-ravikant/startups-are-constantly-raising-money-sometimes-before-they-have-even/" } ], "@id": "https://sms4smile.com/quotes/naval-ravikant/startups-are-constantly-raising-money-sometimes-before-they-have-even/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```