The immediate problem is not lack of money but lack of staff. Taking VC means turning up the heat on the lack of staff problem, and more money does not identify the right technical candidate, and in my mind at least, you really need a technical candidate who is partner grade and partner committed. Someone without the commitment can leave behind perfectly good code in an environment where those who remain were not close enough to its creation to quickly make sound modifications...imagining what a person without technical chops can leave behind in the code base is left as an exercise for the reader.

[Glad you enjoyed the blog.]