Fielding's post was "a little bit snarky," but it sparked discussions on misconceptions among founders about cash management during early startup stages.
"I was a founder. I started two companies. Then I spent seven and a half years at Techstars, really helping very formative companies," Fielding exemplifies her expertise here.
While early-stage VCs, like Fielding, don't take board seats, they still assess founders' cash management practices and budgets, holding them accountable.
"Executive assistants can be invaluable at established companies, but they are operational overhead positions – not helping to build and support the core mission of early startups."
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