Love the “fundstrapping” term!
It really boils down to who your investors are and how they define success. If you get into business with someone who considers an exit under $200M a loss then the likelihood of a good business relationship and meaningful outcome for yourself is put in jeopardy.
I think old adage, “If someone gives you money, take it.” that I used to hear a lot 5–10 years ago coming out of business school is getting worn out. All money is not good money. You need to make sure goals are aligned before you take it.