Practice
Should we raise capital now?
Learn
A premortem imagines failure in six months: alternatives, assumptions, failure modes, dependencies, and second-order effects.
Case
They want to open a seed round in 60 days to ‘accelerate.’ Current runway: 9 months. Product still in early traction.
- Partly reversible: fundraising time vs product focus.
- Dependency: growth narrative not yet repeatable without the founder.
Think
Imagine this decision failed in six months. Why? List assumptions, failure modes, and alternatives.