The Art of Fundraising: Navigating Growth and Building an Antilibrary



Jul 08, 20233 min read


The Art of Fundraising: Navigating Growth and Building an Antilibrary


Fundraising for a startup can be a defining moment in its journey towards success. However, it is essential to remember that growth, not fundraising, should be the primary focus. In this article, we will explore the key aspects of fundraising, including the importance of timing, building a network of investors, and the significance of valuations. Additionally, we will delve into the concept of building an antilibrary and how unread books can be a valuable resource in our quest for knowledge and discovery.

  • 1. Timing and Focus: The Fundraising Conundrum

When it comes to fundraising, timing is crucial. It is important to raise money only when you genuinely need it and when investors are genuinely interested. By focusing on growth and making progress in your startup, you increase your chances of attracting outside investment. However, once you decide to raise money, give it your full attention to expedite the process and get back to work as soon as possible.

  • 2. Building a Network of Investors: The Power of Introductions

Introductions play a vital role in fundraising, especially in the early stages. Warm introductions from well-known investors or founders of funded companies can significantly enhance your chances of securing investments. When meeting with investors, it is advisable to engage with multiple parties in parallel rather than sequentially, as this creates a sense of urgency and competition among investors.

3. Valuations and the True Measure of Success

While valuations may appear to be the defining factor in fundraising, their importance should not be overemphasized. Instead, focus on securing the money you need to achieve your goals and attract investors who align with your vision. The real test of success lies in revenue and the ability to create value for users. Remember that fundraising is a means to an end, and it should not overshadow the core mission of your startup.

Building an Antilibrary: The Power of Unread Books

In addition to fundraising, building an antilibrary can be a valuable asset in your entrepreneurial journey. An antilibrary consists of unread books that serve as a personal collection of resources and a research tool. By embracing the unknown and maintaining a collection of unread books, you open yourself up to new perspectives and opportunities for discovery. Nassim Nicholas Taleb's concept of the antilibrary highlights the value of considering unread books as valuable assets in our pursuit of knowledge.


Fundraising for a startup requires a strategic approach, focusing on growth and attracting the right investors. Timing, networking, and valuations are key considerations throughout the process. Additionally, building an antilibrary can enhance your entrepreneurial journey by embracing the unknown and investing in your personal growth. Remember, fundraising is just a means to an end, and the real measure of success lies in creating value for your users and staying true to your mission.

Actionable Advice:

1. Prioritize growth over fundraising and allocate your full attention to the fundraising process when the time is right.

2. Cultivate a network of investors through warm introductions, prioritizing those who have a genuine interest in your startup.

3. Focus on revenue and user value as the true measures of success, rather than getting caught up in valuations.

By following these actionable advice, you can navigate the fundraising landscape with confidence and build a strong foundation for your startup's success.


  1. "How to Raise Money", (Glasp)
  2. "Building an antilibrary: the power of unread books", (Glasp)

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