Time, Fuel, & Money

Fuel, Fit & the Myth of the Mega Round

Deborah "Deb", Vassili, Karim Season 1 Episode 26

Why “more capital” rarely solves what founders think it does

Episode 26 connects metabolic energy to startup runway — revealing why jittery capital spikes mimic caffeine crashes. The trio dissects the fantasy of the cookie-cutter Series A, the performance theater around “lead investors,” and why teams raise massive rounds without meaningful proof. They contrast clean vs. dirty capital, dopamine vs. durable momentum, and execution vs. narrative.

This episode is a calibration tool for founders raising (or resisting) their next big round.

Topics:

  • Clean vs. dirty capital dynamics
  • Series A mythology vs. reality
  • Lead-investor theater & copy-paste decks
  • Scientific correctness vs. practical truth
  • Biomimicry, resilience & design thinking
  • Milestones, appetite & M&A signals
  • When mega rounds make sense — and when they don’t