"My philosophy is to find the investor who will like to invest in me, not just in our business. The business can be up and down... If that happens then guess what? There's a conflict down the road. Very likely, they'll bring in a new CEO that's going to replace you." Eric Yuan

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"After you finish testing the water, you try to double down on something. If you do not have a budget, and at that time you thought about raising a round, it probably takes some time. The opportunity window might be gone." Eric Yuan