The draft is usually open on one screen, the cap table is open on another, and someone from the lead firm is asking when the announcement goes live. That's where most founders make the same mistake. They treat the venture capital press release like paperwork. It isn't paperwork. It's a positioning asset. A good announcement doesn't just say money changed hands. It tells the market how to understand the company now, why this round matters, and what kind of momentum the team wants attached to its name. That matters because venture firms don't treat media as an afterthought. According to
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