Momentum Mode w/ Corey Ferengul & Mike Shannon · 2026-04-07 · 21 min
Should you raise millions and blitz-scale, or build slow, stay lean, and keep control? Mike and Corey dig into one of the most consequential decisions a founder makes: how much money to raise, and when. Mike is two and a half years into his second startup (Impruve), and this time he's doing it differently. No $4M raised before product-market fit. No chasing the next round before discovering what the business actually is. In this episode, he breaks down what he learned the hard way the first time and why AI makes the case for restraint even stronger today. They cover: → Why raising too much too early limits your operational creativity → The "discovery vs. scaling" mindset shift that changes everything → How AI is compressing build costs and what that means for your funding strategy → The vendor risk paradox: why more capital raised ≠ more stability → What product-market fit actually has to look like before you pull the scale lever → The real cost of marrying yourself to a financial goalpost too early Whether you're pre-seed, mid-raise, or reconsidering your next round, this one is worth your time.
44. Corey Ferengul & Mike Shannon on Raising Less, Moving Faster, and Building in the AI Era62 / 10043. Mike Shannon & Corey Ferengul on AI Psychosis & Why CEOs Are Getting Ahead of the Technology42. Alex Kelleher, Founder & CEO of Quantum Rise, on Why AI Is a Growth Strategy40. The AI-Ready Organization: What Leaders Must Do Right Now39. M&A Readiness: What Buyers Actually Look For Before Writing a Check