In Episode 56 of the BIG5D Podcast, we talk about venture building with Keshni Morar, the MD-South Africa, Founder Institute. The conversation jumps off from a LinkedIn post Keshni wrote about #Statuptruth in which she laments how too many startup founders fail to appreciate the need to carefully manage the funds they raise from investors.

“$1M in funding doesn't make you rich,” Keshni wrote. “It makes you responsible.”

Keshni’s post goes on to recount the story of one founder who spent VC money on a “founder wellness” trip to a tropical island.

The substance of Keshni’s post is that venture funding is runway, not revenue.

We hope you enjoy this episode, sponsored by NSPYRE (nspyre.co.za)