EPISODE · May 22, 2026 · 21 MIN
Capital Is a Tool, Not a Tribe
from Magic 8 Ball with Melissa and Micaela
Most founders are taught to think about capital as a single decision — raise or don't raise. In this episode, we break down why that framing is a fallacy. We riff on what a real capital strategy looks like and how a poorly designed capital stack is one ghost you don’t want to be haunted by.
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Capital Is a Tool, Not a Tribe
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