Entrepreneur

Won Funding? Why You Should Wait to Celebrate.

Here's why your big investment isn't (an immediate) reason to celebrate.
Source: Illustration by Edmon de Haro

The founders of PVP Live were itching to make the announcement: They’d raised a big Series A! This was in 2015, and the company -- which covers competitive video games the way ESPN covers sports -- had just accepted an investment from a local Dallas private equity firm.

“We were three days away from making a public announcement,” says CEO and co-founder Casey Wehr,

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