if you hire 20 engineers with your seed round you are either very confident you'll be able to use them to justify another raise soon
or you're incompetent
if you hire 20 engineers with your seed round you are either very confident you'll be able to use them to justify another raise soon
or you're incompetent
> very confident you'll be able to use them to justify another raise soon
That is indeed how the VC funding game is played. If you don't raise another round, you are dead anyway, so you spend down your seed round to try and justify that following round...