The King’s Decree: Raising vs. Rising
Raising is speech - master debating.
Rising is authorship.
When managers raise capital, it’s persuasion. Roadshows, performance decks, belief. It’s speech competing in a crowded room, hoping to convince someone to allocate. Speech is optional: it can be heard, ignored, debated. That’s why raise always lags.
Rising is different.
Rising is authorship.
An aut…
